RADCOM Ltd. (NASDAQ:RDCM - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $11.64 and traded as high as $12.16. RADCOM shares last traded at $12.15, with a volume of 59,377 shares changing hands.
Analysts Set New Price Targets
Several analysts have issued reports on the company. Needham & Company LLC restated a "buy" rating and issued a $16.00 target price on shares of RADCOM in a research note on Friday, January 17th. StockNews.com downgraded shares of RADCOM from a "strong-buy" rating to a "buy" rating in a report on Wednesday.
View Our Latest Stock Report on RDCM
RADCOM Stock Down 2.1 %
The firm has a 50-day simple moving average of $12.97 and a 200-day simple moving average of $11.67. The stock has a market cap of $189.12 million, a PE ratio of 27.44 and a beta of 0.93.
RADCOM (NASDAQ:RDCM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.05). RADCOM had a return on equity of 8.18% and a net margin of 11.42%. On average, research analysts expect that RADCOM Ltd. will post 0.54 earnings per share for the current year.
Institutional Trading of RADCOM
A number of hedge funds and other institutional investors have recently bought and sold shares of RDCM. Public Employees Retirement System of Ohio purchased a new position in shares of RADCOM during the 4th quarter valued at $31,000. JPMorgan Chase & Co. raised its holdings in shares of RADCOM by 1,433.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,600 shares of the technology company's stock valued at $57,000 after acquiring an additional 4,300 shares in the last quarter. State of Tennessee Department of Treasury bought a new stake in shares of RADCOM during the 4th quarter valued at about $62,000. Prudential Financial Inc. purchased a new position in shares of RADCOM during the fourth quarter worth about $183,000. Finally, Northern Trust Corp bought a new position in shares of RADCOM in the fourth quarter worth approximately $269,000. Institutional investors own 48.32% of the company's stock.
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.
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