RADCOM (NASDAQ:RDCM - Get Free Report) was upgraded by equities researchers at StockNews.com from a "buy" rating to a "strong-buy" rating in a report issued on Monday.
RADCOM Price Performance
Shares of RDCM traded up $0.15 during midday trading on Monday, hitting $11.81. The stock had a trading volume of 37,066 shares, compared to its average volume of 40,190. The firm has a market cap of $184.94 million, a price-to-earnings ratio of 25.13 and a beta of 0.89. The company has a 50 day simple moving average of $11.17 and a two-hundred day simple moving average of $10.20. RADCOM has a twelve month low of $7.70 and a twelve month high of $12.84.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in RADCOM stock. Acadian Asset Management LLC lifted its position in RADCOM Ltd. (NASDAQ:RDCM - Free Report) by 6.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,808 shares of the technology company's stock after buying an additional 5,628 shares during the quarter. Acadian Asset Management LLC owned about 0.62% of RADCOM worth $881,000 as of its most recent SEC filing. Hedge funds and other 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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