Superconductor Technologies (SCON) Shares Down 3.3%

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 (NASDAQ:SCON) last issued its earnings results on Thursday, November 9th. The semiconductor company reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.02. The company had revenue of $0.13 million for the quarter, compared to analysts’ expectations of $0.10 million. Superconductor Technologies had a negative net margin of 6,897.30% and a negative return on equity of 97.45%. equities research analysts anticipate that Superconductor Technologies Inc. will post -0.84 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This news story was posted by Community Financial News and is the property of of Community Financial News. If you are viewing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright and trademark laws. The correct version of this news story can be read at

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.

What are top analysts saying about Superconductor Technologies? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Superconductor Technologies and related companies.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit