Shares of Radcom Ltd. (NASDAQ:RDCM) have been given a consensus rating of “Buy” by the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $25.00.

Several research analysts have commented on RDCM shares. BidaskClub upgraded Radcom from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. Needham & Company LLC restated a “buy” rating and issued a $27.00 target price on shares of Radcom in a research note on Wednesday, August 9th. Zacks Investment Research downgraded Radcom from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. ValuEngine downgraded Radcom from a “hold” rating to a “sell” rating in a research note on Monday, August 28th. Finally, William Blair started coverage on Radcom in a research note on Monday, October 9th. They issued a “buy” rating for the company.

Radcom (RDCM) traded up $0.25 during mid-day trading on Friday, hitting $20.40. The stock had a trading volume of 39,700 shares, compared to its average volume of 44,907. The company has a market cap of $265.22, a P/E ratio of 1,007.50 and a beta of 1.16. Radcom has a 12 month low of $16.60 and a 12 month high of $22.45.

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Several large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its holdings in shares of Radcom by 0.8% in the 2nd quarter. Goldman Sachs Group Inc. now owns 34,475 shares of the technology company’s stock valued at $667,000 after acquiring an additional 272 shares in the last quarter. Malaga Cove Capital LLC raised its holdings in shares of Radcom by 9.1% in the 2nd quarter. Malaga Cove Capital LLC now owns 12,000 shares of the technology company’s stock valued at $224,000 after acquiring an additional 1,000 shares in the last quarter. ETF Managers Group LLC purchased a new stake in shares of Radcom in the 2nd quarter valued at about $101,000. Pinnacle Associates Ltd. purchased a new stake in shares of Radcom in the 3rd quarter valued at about $316,000. Finally, Granite Investment Partners LLC purchased a new stake in shares of Radcom in the 3rd quarter valued at about $548,000. 12.91% of the stock is currently owned by hedge funds and other institutional investors.

Radcom Company Profile

RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.

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