SCON stock: buy or sell?

SCON stock price: $0.19 -5.00% At close on February 27th, 2020

Updated on:
February 27th, 2020

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Superconductor Technologies shares plummed -5.00% to $0.19 today. On Friday SCON climbed an exceptional 12.50%. With Thursday it's been 4 red days in a row.

Superconductor Technologies Inc. develops and commercializes high temperature superconductor materials and related technologies in the United States.

Should I buy SCON stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Superconductor Technologies stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SCON will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Superconductor Technologies stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for SCON stock for the last month.

SCON stock analysis

Daily outlook

Shares of Superconductor plummed a dreadful -5.00% and closed at $0.19.

Shares of Superconductor plummed a dreadful -5.00% and closed at $0.19. Since today when SMA50d and SMA100d crossed up, SCON price slipped $-0.01 per share (-5.00%).

SCON stock chart (daily)

Weekly outlook

After boosting an amazing 20.83% in a week last week, Superconductor Technologies closed this week at $0.19 and plummed a bloodcurdling -20.83%.

Superconductor Technologies slid under the support line what triggered further losses. Possible next supports for SCON stock are 0.15. Last week, 10w simple moving average crossed up 20w SMA.

SCON stock chart (weekly)

SCON stock price history

SCON IPO was on March 2nd, 2004 at $40,500.00 per share1. Since then, SCON stock sliced a -100.00%, with a yearly average of -6.70%.

1: Adjusted price after possible price splits or reverse-splits.

SCON stock historical price chart

SCON stock reached 52-week highs on March at $2.58, and all-time highs 2004-03-02 with a price of 45360.

SCON stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price target for Superconductor Technologies stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on March, Superconductor . As soon as we get its actual EPS from the earnings report, we will extend this report.
SCON earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.26n/a
2017-Q2-n/a-0.24n/a
2017-Q32017-11-09-0.25-0.23n/a
2017-Q42018-03-22-1.1-1.7n/a
2018-Q12018-05-10-1.6-2n/a
2018-Q22018-08-14-1.7-1.24n/a
2018-Q32018-11-13-1.96-0.88n/a
2018-Q42019-03-21n/a-0.7n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw an exceptional growth of 248.88% to $1.56 million dollars. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) rocketed a 1,613.54% to -522.56%.

SCON annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1.71 M-$-12.17 M-711.7%-
2014$0.63 M-63.04%$-8.25 M-1305.5%-32.20%
2015$0.24 M-61.39%$-8.60 M-3525.4%4.25%
2016$0.13 M-46.31%$-11.12 M-8485.5%29.23%
2017$0.45 M240.46%$-9.53 M-2136.1%-14.29%
2018$1.56 M248.88%$-8.13 M-522.6%-14.65%

Quarterly financial results

Superconductor Technologies reported $0.00 million in sales for 2018-Q4, a -100.00% less compared to previous quarter. Reported quarter earnings marked $-2.26 million with a profit margin of . Profit margin stayed stable a 0.00% compared to previous quarter when profit margin was -419.54%. When comparing turnover to same quarter last year, Superconductor sales marked a scary loss and collapsed a -100.00%. Looking back to recent quarterly results, Superconductor posted 2 negative quarters in a row.
SCON quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$0.00 M-$-2.63 M-263000.0%-
2017-Q2$0.01 M700.00%$-2.54 M-31750.0%-3.42%
2017-Q3$0.13 M1,525.00%$-2.50 M-1926.2%-1.42%
2017-Q4$0.31 M136.15%$-1.85 M-603.6%-26.00%
2018-Q1$0.25 M-19.87%$-2.18 M-885.4%17.54%
2018-Q2$0.79 M222.36%$-1.52 M-191.9%-30.12%
2018-Q3$0.52 M-34.80%$-2.17 M-419.5%42.51%

Superconductor ownership

When you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.

Superconductor shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.03% of all shares.

In case of Superconductor stock, 7.25% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SCON stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Superconductor Technologies:

SCON
Market cap$3.4 M
Total shares17.7 M
Float shares17.7 M
  - Institutional holdings (%)7.2%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

SCON summary

Thursday, February 27th, 2020
Open$0.20
Close$0.19
Day range$0.18 - $0.21
Previous close$0.20
Session gain-5.00%
Average true range$0.02
50d mov avg$0.21
100d mov avg$0.21
200d mov avg$0.51
Daily pattern
Weekly pattern lt06c

Superconductor performance

To better understand Superconductor performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Superconductor against in the following table:
Stock3m6m12m
SCONSuperconductor Te...46.15%-71.64%-88.34%

Superconductor competitors

Unfortunately, we could not find any public company that could be defined as Superconductor Technologies competitor. This doesn't mean Superconductor Technologies does not have any competitor in the market, it's just we could not detected it.