Company shares are trading at $3.88 a great deal higher than the 50 day moving average of $3.09 and quite a bit higher than the 200 day moving average of $3.05. The 50 day moving average went up $0.79 or +25.55% whereas the 200 day moving average was up $0.83 or +27.23%. Trading was heavy with 1,764K shares changing hands in the last trading session. Trading volume was up 104.83% over the stocks average daily volume.
Short traders are more bearish on shares of SuperCom, Ltd. – Ordinary Share of late looking at the change in short interest. The firm experienced a rise in short interest of 0.00% between September 29, 2017 and October 13, 2017. Short shares increased 17 over that timeframe. Days to cover increased from 11.0 to 43.0 and the percentage of shorted shares is 0.03% as of October 13.
A few notable investment firms have updated their holdings. As of quarter end Boston Partners had disposed of 834,375 shares trimming its position 87.3%. The value of the investment in (SPCB) decreased from $2,734,000 to $388,000 decreasing 85.8% quarter to quarter. Tower Research Capital LLC (trc) bolstered its investment by buying 2,795 shares an increase of 1,318.4%. Tower Research Capital LLC (trc) now controls 3,007 shares worth $10,000. The value of the position overall is up by 900.0%.
Ubs Group Ag augmented its stake by buying 3,786 shares an increase of 342.6% as of 06/30/2017. Ubs Group Ag currently owns 4,891 shares with a value of $16,000. The total value of its holdings increased 433.3%. As of the end of the quarter Heartland Advisors Inc had sold a total of 97,724 shares trimming its stake by 6.6%. The value of the investment in SPCB went from $4,759,000 to $4,880,000 a change of 2.5% quarter over quarter.
In the last earnings report the EPS was $-1.02 and is estimated to be $0.07 for the current year with 14,938,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.06 with next year’s EPS projected to be $0.33.
SuperCom Ltd., launched on July 4, 1988, is a provider of traditional and digital identity solutions, providing safety, identification, tracking and security products to governments, and private and public organizations throughout the world. Through its e-government platforms and solutions for traditional and biometrics enrollment, personalization, issuance and border control services, the Company enables governments and national agencies to design and issue multi-identification (Multi-ID) documents and digital identity solutions to their citizens and visitors. The Company offers secure mobile payments ranging from mobile wallet to mobile point of sale (POS). The Company also provides an all-in-one radio-frequency identification (RFID) and PureSecurity solutions suite, accompanied by complementary services for various industries, including security and safety, community public safety, law enforcement and electronic monitoring..