RADCOM (NASDAQ:RDCM) Upgraded by Zacks Investment Research to Hold

RADCOM stock has undergone multiple analysts rating changes in the recent past.  RADCOM Upgraded by Zacks Investment Research on 10/14/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Sell.

Shares of RADCOM traded up $0.04 on Wednesday, reaching $11.07. 0 shares of the stock traded hands, compared to its average volume of 18940. Shares of RADCOM were trading at $11.07 on Wednesday. The firm’s 50 day moving average is $11.00 and its 200 day moving average is $10.37.RADCOM has a 12 month low of $11.00 and a 12 month high of $12.65. While on yearly highs and lows, RADCOM’s today has traded high as $11.18 and has touched $11.00 on the downward trend. See More Analyst Rating at: RATING

RADCOM Earnings and What to expect: 

RADCOM last issued its quarterly earnings data on August 12th, 2021. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.08. The business had revenue of $9.76 million for the quarter, compared to the consensus estimate of $9.70 million. RADCOM has generated ($0.29) earnings per share over the last year (($0.26) diluted earnings per share). Earnings for RADCOM are expected to decrease in the coming year, from ($0.58) to ($0.59) per share. RADCOM has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 9th, 2021 based off prior year’s report dates.

Earnings for RADCOM are expected to decrease in the coming year, from ($0.58) to ($0.59) per share. The P/E ratio of RADCOM is -42.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of RADCOM is -42.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. RADCOM has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

RADCOM (NASDAQ:RDCM) Moving Average Technical Analysis

5 day Moving Average is $11.17 And 5 day price change is $0.03 (0.27%)  with average volume for 5 day average is 16,420. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $11.15 and 20 day price change is -$0.10 (-0.89%) and average 20 day moving volume is 20,455. 50 day moving average is $11.00  and 50 day price change is -$0.12 ( -1.07%)  and with average volume for 50 days is : 14,866. 200 day moving average is $10.37  and 200 day price change is $0.32 (0.0297)  and with average volume for 200 days is : 19,479.

Other owners latest trading in RADCOM :

  • On 8/17/2021 shares held by Lynrock Lake LP were 761,012 which equates to market value of $8.52M and appx 0.60% owners of RADCOM
  • On 8/13/2021 shares held by Renaissance Technologies LLC were 225,033 which equates to market value of $2.52M and appx 0.00% owners of RADCOM
  • On 8/12/2021 shares held by Boston Partners were 49,484 which equates to market value of $0.55M and appx 0.00% owners of RADCOM
  • In total Institutional ownership equates to Institutional Ownership Percentage: 23.03% for RADCOM

See More Analyst Rating at: RATING