RadiSys Co. (NASDAQ:RSYS) fell 10.1% during mid-day trading on Tuesday . The company traded as low as $1.05 and last traded at $1.07. 1,951,187 shares changed hands during trading, a decline of 16% from the average session volume of 2,320,231 shares. The stock had previously closed at $1.19.

A number of research firms have issued reports on RSYS. Zacks Investment Research upgraded RadiSys from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Roth Capital restated a “buy” rating on shares of RadiSys in a research note on Monday, December 4th. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $3.60.

The stock has a market capitalization of $44.24, a P/E ratio of -1.19 and a beta of 1.20.

RadiSys (NASDAQ:RSYS) last announced its quarterly earnings data on Tuesday, November 7th. The technology company reported ($0.28) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.16). The company had revenue of $28.80 million for the quarter, compared to the consensus estimate of $28.11 million. RadiSys had a negative net margin of 26.07% and a negative return on equity of 47.11%. The company’s revenue was down 48.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 earnings per share. equities research analysts forecast that RadiSys Co. will post -0.59 EPS for the current year.

Several large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its stake in shares of RadiSys by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock valued at $5,785,000 after acquiring an additional 49,835 shares during the period. State Street Corp grew its stake in shares of RadiSys by 10.1% during the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock valued at $1,946,000 after acquiring an additional 47,538 shares during the period. Bank of New York Mellon Corp grew its stake in shares of RadiSys by 19.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock valued at $585,000 after acquiring an additional 25,495 shares during the period. Moors & Cabot Inc. grew its stake in shares of RadiSys by 0.4% during the 2nd quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock valued at $183,000 after acquiring an additional 200 shares during the period. Finally, Rhumbline Advisers grew its stake in shares of RadiSys by 26.3% during the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock valued at $155,000 after acquiring an additional 8,575 shares during the period. Institutional investors own 57.18% of the company’s stock.

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About RadiSys

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.

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