Radcom Ltd. (NASDAQ:RDCM) rose 5.5% on Wednesday . The stock traded as high as $20.23 and last traded at $20.22, with a volume of 469,912 shares traded. The stock had previously closed at $19.17.

RDCM has been the topic of several analyst reports. William Blair reiterated a “buy” rating on shares of Radcom in a report on Monday, June 20th. Zacks Investment Research upgraded shares of Radcom from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Friday, July 8th. TheStreet raised shares of Radcom from a “hold” rating to a “buy” rating in a research report on Wednesday, August 3rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $17.00 price objective (up previously from $16.00) on shares of Radcom in a research report on Wednesday, August 3rd. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Radcom has an average rating of “Buy” and an average price target of $17.67.

The stock has a 50 day moving average of $17.89 and a 200 day moving average of $14.35. The company has a market capitalization of $228.79 million, a P/E ratio of 172.82 and a beta of 1.50.

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Radcom (NASDAQ:RDCM) last posted its earnings results on Wednesday, August 3rd. The company reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.13. Radcom had a net margin of 5.12% and a return on equity of 7.06%. The firm had revenue of $7.20 million for the quarter, compared to analyst estimates of $6.80 million. On average, analysts expect that Radcom Ltd. will post $0.43 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the company. A.R.T. Advisors LLC acquired a new stake in Radcom during the second quarter worth $285,000. G2 Investment Partners Management LLC raised its stake in Radcom by 38.4% in the second quarter. G2 Investment Partners Management LLC now owns 1,091,606 shares of the company’s stock worth $12,717,000 after buying an additional 302,702 shares during the last quarter. Menta Capital LLC raised its stake in Radcom by 180.5% in the second quarter. Menta Capital LLC now owns 143,634 shares of the company’s stock worth $1,673,000 after buying an additional 92,423 shares during the last quarter. AWM Investment Company Inc. acquired a new stake in Radcom during the second quarter worth $3,060,000. Finally, Hartwell J M Limited Partnership acquired a new stake in Radcom during the second quarter worth $116,000. 18.57% of the stock is currently owned by hedge funds and other institutional investors.

Radcom Company Profile

RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.

5 Day Chart for NASDAQ:RDCM

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