RadiSys Corporation (NASDAQ:RSYS) hit a new 52-week low on Friday . The company traded as low as $1.36 and last traded at $1.36, with a volume of 164,132 shares changing hands. The stock had previously closed at $1.38.

A number of equities research analysts have weighed in on RSYS shares. Needham & Company LLC cut their price target on shares of RadiSys Corporation from $5.00 to $4.50 and set a “buy” rating for the company in a report on Monday, July 10th. DA Davidson reissued a “buy” rating and issued a $3.50 price target on shares of RadiSys Corporation in a report on Friday, September 8th. Jefferies Group LLC reissued a “buy” rating and issued a $6.25 price target (down from $6.75) on shares of RadiSys Corporation in a report on Tuesday, July 25th. ValuEngine downgraded shares of RadiSys Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Finally, Roth Capital set a $6.00 price target on shares of RadiSys Corporation and gave the company a “buy” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $3.60.

The firm’s 50 day moving average price is $1.49 and its 200 day moving average price is $2.93. The firm’s market capitalization is $52.71 million.

RadiSys Corporation (NASDAQ:RSYS) last announced its quarterly earnings data on Tuesday, August 1st. The technology company reported ($0.07) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.08. The firm had revenue of $35.09 million during the quarter, compared to analyst estimates of $35.05 million. RadiSys Corporation had a negative return on equity of 14.12% and a negative net margin of 14.38%. The company’s revenue was down 42.7% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share. On average, analysts anticipate that RadiSys Corporation will post ($0.34) earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. Paradigm Capital Management Inc. NY grew its position in shares of RadiSys Corporation by 24.4% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 2,940,445 shares of the technology company’s stock worth $11,056,000 after buying an additional 577,132 shares during the period. Dimensional Fund Advisors LP grew its position in shares of RadiSys Corporation by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock worth $5,785,000 after buying an additional 49,835 shares during the period. Royce & Associates LP grew its position in shares of RadiSys Corporation by 0.7% during the 2nd quarter. Royce & Associates LP now owns 763,157 shares of the technology company’s stock worth $2,869,000 after buying an additional 5,000 shares during the period. State Street Corp grew its position in shares of RadiSys Corporation by 10.1% during the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock worth $1,946,000 after buying an additional 47,538 shares during the period. Finally, S Squared Technology LLC grew its position in shares of RadiSys Corporation by 34.7% during the 2nd quarter. S Squared Technology LLC now owns 413,402 shares of the technology company’s stock worth $1,554,000 after buying an additional 106,500 shares during the period. Institutional investors own 58.70% of the company’s stock.

TRADEMARK VIOLATION WARNING: “RadiSys Corporation (RSYS) Reaches New 1-Year Low at $1.36” was originally published by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://www.watchlistnews.com/radisys-corporation-rsys-reaches-new-1-year-low-at-1-36/1617038.html.

RadiSys Corporation Company Profile

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

Receive News & Ratings for RadiSys Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RadiSys Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.