RADCOM (NASDAQ:RDCM - Get Free Report) was upgraded by stock analysts at StockNews.com from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Friday.
RADCOM Stock Performance
RDCM stock traded up $0.49 on Friday, reaching $12.15. The company had a trading volume of 35,539 shares, compared to its average volume of 67,719. The company's fifty day moving average is $11.54 and its 200 day moving average is $10.44. The company has a market cap of $190.29 million, a P/E ratio of 25.85 and a beta of 0.89. RADCOM has a 1 year low of $7.70 and a 1 year high of $12.84.
Institutional Inflows and Outflows
An institutional investor recently raised its position in RADCOM stock. Acadian Asset Management LLC lifted its position in shares of RADCOM Ltd. (NASDAQ:RDCM - Free Report) by 6.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 95,808 shares of the technology company's stock after buying an additional 5,628 shares during the period. Acadian Asset Management LLC owned 0.62% of RADCOM worth $881,000 as of its most recent SEC filing. 48.32% of the stock is owned by institutional investors and hedge funds.
RADCOM Company Profile
(
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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