Superconductor Technologies Inc. (SCON) Stock Price Up 5.9%
Superconductor Technologies Inc. (NASDAQ:SCON) rose 5.9% on Tuesday . The stock traded as high as $2.65 and last traded at $2.53, with a volume of 96,669 shares. The stock had previously closed at $2.39.
Separately, Zacks Investment Research raised shares of Superconductor Technologies from a “hold” rating to a “buy” rating and set a $0.25 target price on the stock in a research note on Tuesday, May 31st.
The company’s 50 day moving average price is $2.74 and its 200 day moving average price is $3.03. The stock’s market cap is $6.90 million.
Superconductor Technologies (NASDAQ:SCON) last issued its quarterly earnings results on Thursday, August 11th. The company reported ($1.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.45) by $0.69. On average, analysts anticipate that Superconductor Technologies Inc. will post ($3.83) earnings per share for the current year.
Superconductor Technologies Inc is focused on developing and commercializing high temperature superconductor (HTS) materials and related technologies. The Company is engaged in research, development, manufacture and marketing of high performance products used in cellular base stations. The Company’s products include AmpLink and SuperPlex, which are sold to wireless network operators in the United States.
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