Superconductor Technologies (OTCMKTS:SCON) Shares Up 6% – Still a Buy?

Shares of Superconductor Technologies Inc. (OTCMKTS:SCONGet Free Report) rose 6% during trading on Tuesday . The company traded as high as $2.65 and last traded at $2.65. Approximately 14,500 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 32,079 shares. The stock had previously closed at $2.50.

Superconductor Technologies Stock Performance

The company has a quick ratio of 3.45, a current ratio of 3.79 and a debt-to-equity ratio of 0.28. The company’s fifty day moving average is $2.65.

About Superconductor Technologies

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Superconductor Technologies, Inc develops, produces and commercializes high temperature superconductor materials and related technologies. It also engages in the development of Conducts superconducting wire platform, that offers zero resistance with high current density. The company was founded on May 11, 1987 and is headquartered in Austin, Texas.

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