Shares of Superconductor Technologies Inc. (NASDAQ:SCON) fell 3.3% on Wednesday . The stock traded as low as $1.11 and last traded at $1.18. 1,859,108 shares traded hands during trading, an increase of 212% from the average session volume of 595,224 shares. The stock had previously closed at $1.22.
Several research firms have recently weighed in on SCON. Zacks Investment Research upgraded shares of Superconductor Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. HC Wainwright reiterated a “buy” rating and issued a $3.00 target price on shares of Superconductor Technologies in a research report on Friday, November 10th.
The company has a market capitalization of $12.59, a PE ratio of -0.83 and a beta of 1.03.
Superconductor Technologies Company Profile
Superconductor Technologies Inc is engaged in developing and commercializing high temperature superconductor (HTS) materials and related technologies. The Company operates through the research, development, manufacture and marketing of high performance products used in cellular base stations segment.
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