RADCOM (NASDAQ:RDCM – Get Free Report) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Monday.
RADCOM Stock Up 1.3 %
Shares of NASDAQ RDCM traded up $0.15 during midday trading on Monday, hitting $11.81. 37,066 shares of the company’s stock were exchanged, compared to its average volume of 40,190. The firm has a market capitalization of $184.94 million, a PE ratio of 25.13 and a beta of 0.89. RADCOM has a 12 month low of $7.70 and a 12 month high of $12.84. The company’s 50 day moving average price is $11.17 and its 200 day moving average price is $10.20.
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 second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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 0.62% of RADCOM worth $881,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 48.32% of the company’s stock.
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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