ValuEngine downgraded shares of RADCOM (NASDAQ:RDCM) from a hold rating to a sell rating in a report published on Tuesday morning, ValuEngine reports.

A number of other brokerages also recently issued reports on RDCM. Zacks Investment Research downgraded RADCOM from a buy rating to a hold rating in a research note on Saturday, November 9th. Needham & Company LLC reissued a hold rating on shares of RADCOM in a research note on Thursday, November 7th.

Shares of NASDAQ RDCM traded up $0.10 during trading on Tuesday, reaching $9.70. The company had a trading volume of 132 shares, compared to its average volume of 9,471. The company’s fifty day moving average price is $8.97 and its 200-day moving average price is $9.07. RADCOM has a 12 month low of $6.96 and a 12 month high of $10.37. The stock has a market cap of $127.76 million, a P/E ratio of -13.47 and a beta of 0.15. The company has a quick ratio of 6.33, a current ratio of 6.42 and a debt-to-equity ratio of 0.07.

RADCOM (NASDAQ:RDCM) last announced its quarterly earnings data on Thursday, November 7th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). The business had revenue of $9.39 million during the quarter, compared to analyst estimates of $8.50 million. RADCOM had a negative net margin of 35.28% and a negative return on equity of 12.99%. As a group, equities analysts predict that RADCOM will post -0.62 earnings per share for the current year.

A hedge fund recently bought a new stake in RADCOM stock. Phoenix Holdings Ltd. acquired a new stake in RADCOM Ltd. (NASDAQ:RDCM) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 311,664 shares of the technology company’s stock, valued at approximately $2,744,000. Phoenix Holdings Ltd. owned 2.27% of RADCOM at the end of the most recent reporting period. Institutional investors and hedge funds own 21.53% of the company’s stock.

About RADCOM

RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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