Superconductor Technologies Inc. (NASDAQ:SCON) Scheduled to Post Earnings on Thursday
Superconductor Technologies Inc. (NASDAQ:SCON) will be posting its quarterly earnings results before the market opens on Thursday, August 10th. Analysts expect Superconductor Technologies to post earnings of ($0.27) per share for the quarter.
Superconductor Technologies (NASDAQ:SCON) last issued its quarterly earnings results on Thursday, May 11th. The semiconductor company reported ($0.26) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.27) by $0.01. Superconductor Technologies had a negative return on equity of 108.51% and a negative net margin of 25,848.84%. On average, analysts expect Superconductor Technologies to post $-0.78 EPS for the current fiscal year and $-0.29 EPS for the next fiscal year.
Shares of Superconductor Technologies Inc. (NASDAQ SCON) traded down 0.72% during mid-day trading on Thursday, reaching $1.37. The company’s stock had a trading volume of 68,261 shares. The firm’s market cap is $14.50 million. Superconductor Technologies Inc. has a 12 month low of $1.04 and a 12 month high of $4.50. The company’s 50-day moving average is $1.60 and its 200 day moving average is $1.51.
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A number of research firms recently issued reports on SCON. Zacks Investment Research raised shares of Superconductor Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, May 30th. HC Wainwright raised shares of Superconductor Technologies from a “neutral” rating to a “buy” rating and set a $3.00 price target for the company in a research note on Thursday, April 6th. Finally, Rodman & Renshaw raised shares of Superconductor Technologies from a “neutral” rating to a “buy” rating and set a $3.00 price target for the company in a research note on Thursday, April 6th.
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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