RADCOM (NASDAQ:RDCM) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Friday.
Several other research analysts have also weighed in on the company. Zacks Investment Research lowered RADCOM from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 9th. William Blair reiterated a “buy” rating on shares of RADCOM in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $25.00.
RADCOM (RDCM) traded up $0.40 during mid-day trading on Friday, reaching $19.30. The company’s stock had a trading volume of 161,141 shares, compared to its average volume of 37,377. The company has a market capitalization of $254.03, a price-to-earnings ratio of -1,930.00 and a beta of 1.15. RADCOM has a 52-week low of $16.60 and a 52-week high of $22.45.
Hedge funds have recently bought and sold shares of the business. ETF Managers Group LLC bought a new stake in shares of RADCOM in the second quarter valued at about $101,000. Hartwell J M Limited Partnership bought a new stake in shares of RADCOM in the second quarter valued at about $116,000. Barclays PLC bought a new stake in shares of RADCOM in the first quarter valued at about $172,000. Malaga Cove Capital LLC bought a new stake in shares of RADCOM in the third quarter valued at about $195,000. Finally, Royal Bank of Canada bought a new stake in shares of RADCOM in the first quarter valued at about $207,000. Hedge funds and other institutional investors own 14.26% of the company’s stock.
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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.
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