News stories about Superconductor Technologies (NASDAQ:SCON) have been trending positive on Wednesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Superconductor Technologies earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 48.6755423663755 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Brokerages Set $3.00 Target Price for Superconductor Technologies, Inc. (SCON) (americanbankingnews.com)
- Superconductor Technologies (SCON) Upgraded by Zacks Investment Research to Buy (americanbankingnews.com)
- Zacks Investment Research Downgrades Superconductor Technologies (SCON) to Hold (americanbankingnews.com)
- Technicals in Focus – Superconductor Technologies Inc. (NASDAQ: SCON) – The Investor Guide (wallstreetnews24.com)
Several equities research analysts recently commented on the stock. Zacks Investment Research raised shares of Superconductor Technologies from a “hold” rating to a “buy” rating and set a $1.25 price objective on the stock in a research report on Thursday, November 16th. ValuEngine cut shares of Superconductor Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, December 31st. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $3.00 price objective on shares of Superconductor Technologies in a research report on Friday, November 10th.
Shares of Superconductor Technologies (NASDAQ SCON) traded down $0.02 during trading hours on Wednesday, reaching $1.18. 334,600 shares of the company’s stock traded hands, compared to its average volume of 276,617. Superconductor Technologies has a 52-week low of $0.88 and a 52-week high of $2.47. The company has a market cap of $12.81, a PE ratio of -0.88 and a beta of 1.04.
Superconductor Technologies (NASDAQ:SCON) last issued its quarterly earnings results on Thursday, November 9th. The semiconductor company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.25) by $0.02. Superconductor Technologies had a negative net margin of 6,897.30% and a negative return on equity of 97.45%. The firm had revenue of $0.13 million for the quarter, compared to analysts’ expectations of $0.10 million. research analysts expect that Superconductor Technologies will post -0.84 earnings per share for the current fiscal year.
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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