SuperCom (SPCB) Gains Momentum, Jumping By 10%: Should You Buy The Stock?

SuperCom has been having ups and downs this past week, very sharp ones. On July 13 the stock was trading at $1.28 then the stock has jumped to $1.37 marking a 7% increase in just a couple of hours. The stock was sticking up but by July 15, it dropped back to $1.28. The same thing happened once again, and as of the last trading session the stock was trading at $1.25. The market capitalization of SuperCom is just $24.5 million.

SuperCom’s comprehensive range of digital identity and security solutions help governments and organizations secure their vital infrastructures. The company’s flagship product, MAGNA, is a platform that enables secure and accurate identification, issuance, and registration of e-passports. Its other products include the e-passports and digital driver’s licenses.

The company offers a complete line of PureRF tags, readers, and initializers. It also includes vehicle and asset tags, as well as house arrest monitoring systems. Safend offers a variety of solutions that help organizations protect their critical data. These include the company’s flagship product, the AVIDITY WBSac, as well as various other products and solutions.

Helen Larsen

After a long week of holidays in 2020, Helen realized she can do better in reporting Finance and Business news for Own Snap. Right now she is our weekend reporter and author. Sometimes she is busy with her projects that are related to her Master's Degree in Finance.

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