Superconductor Technologies Inc. (SCON) Stock: Here’s What’s Happening

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Superconductor Technologies Inc. (SCON) is making a move up in the market today. The company, one that is focused on the tech space, is currently priced at $1.90 after climbing 13.77% so far in today’s session. In terms of tech companies, there are a number of aspects that have the potential to lead to price movement in the market. News is one of the most common reasons for movement. Here are the recent stories centered around SCON:

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Mar-21-19 06:30AM Superconductor Technologies Reports Fourth Quarter and Full Year 2018 Results
Mar-14-19 10:30AM Superconductor Technologies (SCON) May Report Negative Earnings: Know the Trend Ahead of Next Week’s Release
Mar-13-19 06:30AM Superconductor Technologies Inc. Announces Timing of Fourth Quarter and Year-End 2018 Results Conference Call
Jan-04-19 07:11AM Edited Transcript of SCON earnings conference call or presentation 13-Nov-18 4:00pm GMT
Dec-12-18 04:32AM What Bargains? Play 5 Stocks With Rising P/E Instead

Nonetheless, any time investors are making an investing decision, prospective investors should look at far more than news, especially in the ever evolving tech space. Here’s what’s happening with Superconductor Technologies Inc..

Recent Moves From SCON

Although a gain in a single session, like the gain that we’re seeing from Superconductor Technologies Inc. may lead to excitement in some investors, that by itself shouldn’t be the basis of a decision to, or not to, invest in a stock. It’s generally smart to look at trends experienced by the stock for a period longer than a single trading session. In the case of SCON, below are the trends that we have seen:

  • Past 5 Trading Sessions – Throughout the past 5 trading sessions, SCON has seen a change in price in the amount of 29.25%.
  • Monthly – The return from Superconductor Technologies Inc. in the last 30 days works out to 15.15%.
  • Quarterly – Over the last quarter, the stock has generated a ROI that comes to 50.79%
  • Bi-Annually – Throughout the last six months, investors have seen a change that equates to -1.04% from the company.
  • This Year So Far – Since the the first trading session of this year SCON has generated a ROI of 47.29%.
  • Annually – Lastly, in the last full year, we have seen performance that comes to -82.88% from SCON. Over this period of time, the stock has traded at a high of -85.25% and a low price of 84.47%.

Key Ratios

Digging into various key ratios having to do with a company can provide prospective investors an understanding of how dangerous and/or rewarding a stock pick may be. Here are some of the key ratios to think about when digging into SCON.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it shows that more investors are expecting that the value of the stock is going to fall. Across the sector, strong tech stocks can have a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, in regard to Superconductor Technologies Inc., the stock’s short ratio comes to 0.83.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to cover its debts as they mature using quick assets or current assets. In the technology industry, companies rely heavily on continued investor support as they work to bring new technologies to market, the quick and current ratios can be damning. Nonetheless, several gems in the technology sector do have positive quick and current ratios. In terms of SCON, the quick and current ratios work out to 7.90 and 8.00 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets currently owned by the company to the share price. In this particular case, the book to share value ratio comes in at 3.63.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. In the case of SCON, the cash to share value ratio works out to 2.37.

Big Money And Superconductor Technologies Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SCON, here’s what we’re seeing:

  • Institutions – Currently, institutions own 17.70% of the company. However, it’s worth noting that institutional ownership has seen a move in the amount of 34.27% over the last 3 months.
  • Investors On The Inside – as it relates to insiders, insiders of the company currently own 3.46% of the company. Insider ownership of the company has moved 0.00% over the past quarter.

What Analysts Think About Superconductor Technologies Inc.

While it’s never a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to consider their thoughts in order to validate your own due diligence before making investment decisions in the technology space. Below are the recent moves that we’ve seen from analysts as it relates to SCON.

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Apr-06-17 Upgrade Rodman & Renshaw Neutral → Buy $3
Mar-30-16 Initiated Rodman & Renshaw Neutral
Nov-11-15 Upgrade Ladenburg Thalmann Neutral → Buy
Sep-25-15 Downgrade Ladenburg Thalmann Buy → Neutral
Aug-20-13 Initiated Ladenburg Thalmann Buy $5.50

What We’ve Seen In Financial Results

What have ween seen from SCON in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands at the moment, Wall St. analysts expect that the company will create EPS of -4.07, with -1.57 to be reported in the report for the current quarter. Although this information is not based on earnings, since we are chatting on the topic of Wall St. analysts, Superconductor Technologies Inc. is presently graded as a 0 when rated on a scale from 1 to 5 where 1 is the worst possible analyst grade and 5 is the best possible.
  • 5-Year Sales – Over the last half decade, Superconductor Technologies Inc. has reported a change in revenue that works out to -33.60%. Earnings per share in the past 5 years have experienced a change of 55.20%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is generally referred to as in today’s society, the company has generated a change in earnings that comes to a total of 62.40%. The company has also experienced a change in regard to revenue that comes to a total of 400.00%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 3.21M shares of Superconductor Technologies Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SCON has a float of 3.16M.

I also like to follow the short percent. After all, when a large percentage of the float is sold short, the overall opinion in the market is that the equity is going to take a dive. In regard to SCON, the short percentage of the float is currently 5.56%. Most traders believe that a concerning short percent of the float is considered to be anything over 40%. Through my work, I’ve seen that anything over 26% is likely a risky play.

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