Superconductor Technologies Inc. (NASDAQ:SCON) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1 year consensus price objective of $3.00 for the company and are forecasting that the company will post ($0.25) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Superconductor Technologies an industry rank of 214 out of 265 based on the ratings given to related companies.

A number of research firms have recently issued reports on SCON. Zacks Investment Research raised shares of Superconductor Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, May 30th. HC Wainwright set a $3.00 price objective on shares of Superconductor Technologies and gave the stock a “buy” rating in a report on Friday, August 11th.

Shares of Superconductor Technologies (NASDAQ SCON) traded up 10.33% during midday trading on Wednesday, hitting $1.04. The company had a trading volume of 246,178 shares. The company’s market capitalization is $11.15 million. Superconductor Technologies has a 12-month low of $0.88 and a 12-month high of $4.50. The company’s 50-day moving average price is $1.45 and its 200 day moving average price is $1.51.

Superconductor Technologies (NASDAQ:SCON) last announced its quarterly earnings results on Thursday, August 10th. The semiconductor company reported ($0.24) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.27) by $0.03. Superconductor Technologies had a negative net margin of 26,445.00% and a negative return on equity of 96.11%. The firm had revenue of $0.01 million during the quarter, compared to the consensus estimate of $0.18 million. Equities research analysts predict that Superconductor Technologies will post ($0.78) earnings per share for the current fiscal year.

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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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