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 trading hands. The stock had previously closed at $2.39.

Separately, Zacks Investment Research cut Superconductor Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 6th.

The company’s market capitalization is $6.71 million. The stock’s 50-day moving average price is $2.70 and its 200 day moving average price is $3.02.

Superconductor Technologies (NASDAQ:SCON) last issued its quarterly earnings results on Thursday, August 11th. The company reported ($1.14) earnings per share for the quarter, missing the consensus estimate of ($0.45) by $0.69. On average, equities analysts forecast that Superconductor Technologies Inc. will post ($3.83) EPS for the current fiscal 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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