Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Superconductor Technologies (SCON) Stock Price

Media coverage about Superconductor Technologies (NASDAQ:SCON) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Superconductor Technologies earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 46.7607169545829 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern’s rankings:

Shares of Superconductor Technologies (SCON) opened at $1.10 on Wednesday. Superconductor Technologies has a 52-week low of $0.88 and a 52-week high of $4.50.

Superconductor Technologies (NASDAQ:SCON) last posted its quarterly earnings results on Thursday, November 9th. The semiconductor company reported ($0.23) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.02. The business had revenue of $0.13 million for the quarter, compared to analyst estimates of $0.10 million. Superconductor Technologies had a negative net margin of 6,897.30% and a negative return on equity of 97.45%. research analysts predict that Superconductor Technologies will post -0.92 earnings per share for the current year.

Several analysts recently issued reports on SCON shares. 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 set a $3.00 price target on shares of Superconductor Technologies and gave the stock a “buy” rating in a research report on Friday, August 11th.

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About Superconductor Technologies

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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