SPCB Stock Summary and Trading Ideas (Supercom Ltd. - | NASDAQ:SPCB)

SuperCom Ltd is an Israel-based provider of traditional and digital identity solutions, IoT and connectivity solutions, and cybersecurity products and solutions to governments and private and public organizations throughout the world. It comprises three main Strategic Business Units: e-Gov; IoT, which is the key revenue driver; and Cyber Security. Besides, it also offers a wide range of solutions that include national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management using the common platform. Its geographical segments include Africa, European countries, South America, the United States, Israel, and the Asia Pacific.

Supercom Ltd. - trades on the NASDAQ stock market under the symbol SPCB.

As of April 30, 2024, SPCB stock price declined to $0.22 with 3,362,322 million shares trading.

SPCB has a beta of 1.21, meaning it tends to be more sensitive to market movements. SPCB has a correlation of 0.03 to the broad based SPY ETF.

SPCB has a market cap of $6.45 million. This is considered a Sub-Micro Cap stock.

Last quarter Supercom Ltd. - reported $6 million in Revenue and $.15 earnings per share. This beat revenue expectation by $168,000 and exceeded earnings estimates by $.30.

In the last 3 years, SPCB stock traded as high as $15.70 and as low as $.15.

SPCB has underperformed the market in the last year with a price return of -82.1% while the SPY ETF gained +22.3%. SPCB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.6% and -44.7%, respectively, while the SPY returned +2.5% and -0.5%, respectively.

SPCB support price is $.20 and resistance is $.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPCB stock will trade within this expected range on the day.