StockNews.com Downgrades RADCOM (NASDAQ:RDCM) to Buy

RADCOM (NASDAQ:RDCM) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday.

RADCOM Price Performance

RADCOM stock opened at $13.38 on Friday. The business has a fifty day moving average price of $11.75 and a 200-day moving average price of $10.53. The firm has a market capitalization of $209.56 million, a P/E ratio of 28.47 and a beta of 0.89. RADCOM has a one year low of $7.71 and a one year high of $13.98.

Institutional Trading of RADCOM

An institutional investor recently raised its position in RADCOM stock. Janney Montgomery Scott LLC increased its holdings in RADCOM Ltd. (NASDAQ:RDCM) by 30.2% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 304,064 shares of the technology company’s stock after buying an additional 70,544 shares during the period. Janney Montgomery Scott LLC owned 1.94% of RADCOM worth $3,144,000 as of its most recent SEC filing. Institutional investors own 48.32% of the company’s stock.

RADCOM Company Profile

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.