StockNews.com upgraded shares of RADCOM (NASDAQ:RDCM – Free Report) from a buy rating to a strong-buy rating in a research report report published on Monday.
RADCOM Price Performance
RDCM opened at $11.81 on Monday. RADCOM has a 12 month low of $7.70 and a 12 month high of $12.84. The stock has a market capitalization of $184.94 million, a price-to-earnings ratio of 25.13 and a beta of 0.89. The business has a fifty day moving average price of $11.17 and a 200 day moving average price of $10.20.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in RADCOM stock. Janney Montgomery Scott LLC boosted its holdings in RADCOM Ltd. (NASDAQ:RDCM – Free Report) by 30.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 304,064 shares of the technology company’s stock after purchasing an additional 70,544 shares during the quarter. Janney Montgomery Scott LLC owned approximately 1.94% of RADCOM worth $3,144,000 as of its most recent filing with the Securities and Exchange Commission. 48.32% of the stock is owned by institutional investors and hedge funds.
About RADCOM
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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