Shares of RADCOM Ltd. (NASDAQ:RDCM - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.53 and traded as high as $13.98. RADCOM shares last traded at $13.38, with a volume of 187,013 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com cut RADCOM from a "strong-buy" rating to a "buy" rating in a research report on Saturday.
View Our Latest Analysis on RDCM
RADCOM Stock Up 10.5 %
The firm has a market cap of $209.56 million, a PE ratio of 28.47 and a beta of 0.89. The stock has a 50 day moving average price of $11.75 and a two-hundred day moving average price of $10.54.
Hedge Funds Weigh In On RADCOM
A hedge fund recently raised its stake in RADCOM stock. Acadian Asset Management LLC increased its holdings in shares of RADCOM Ltd. (NASDAQ:RDCM - Free Report) by 6.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,808 shares of the technology company's stock after purchasing an additional 5,628 shares during the period. Acadian Asset Management LLC owned approximately 0.62% of RADCOM worth $881,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 48.32% of the stock is owned by hedge funds and other institutional investors.
About RADCOM
(
Get Free Report)
RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.
Further Reading
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