Shares of Superconductor Technologies Inc. (NASDAQ:SCON) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus target price of $3.00 for the company and are anticipating that the company will post ($0.25) EPS for the current quarter, according to Zacks. Zacks has also assigned Superconductor Technologies an industry rank of 211 out of 265 based on the ratings given to related companies.

Several research firms recently weighed in on SCON. Zacks Investment Research lowered Superconductor Technologies from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. HC Wainwright set a $3.00 target price on Superconductor Technologies and gave the stock a “buy” rating in a report on Friday, August 11th.

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Shares of Superconductor Technologies (NASDAQ SCON) traded up 1.6637% during mid-day trading on Friday, reaching $1.1488. 67,657 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $1.12 and a 200-day moving average price of $1.48. The company’s market capitalization is $12.31 million. Superconductor Technologies has a 1-year low of $0.88 and a 1-year high of $4.50.

Superconductor Technologies (NASDAQ:SCON) last posted its earnings results on Thursday, August 10th. The semiconductor company reported ($0.24) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.27) by $0.03. Superconductor Technologies had a negative return on equity of 99.84% and a negative net margin of 26,445.00%. The firm had revenue of $0.01 million during the quarter, compared to analyst estimates of $0.18 million. On average, equities research analysts forecast that Superconductor Technologies will post ($0.92) earnings per share for the current fiscal year.

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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