RADCOM (NASDAQ:RDCM)‘s stock had its “buy” rating reissued by William Blair in a report issued on Tuesday.

A number of other brokerages also recently weighed in on RDCM. Zacks Investment Research raised shares of RADCOM from a “hold” rating to a “strong-buy” rating and set a $23.00 target price on the stock in a research note on Saturday, November 11th. BidaskClub downgraded shares of RADCOM from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. RADCOM currently has an average rating of “Hold” and a consensus target price of $25.00.

Shares of RADCOM (RDCM) opened at $20.25 on Tuesday. The firm has a market cap of $238.89, a P/E ratio of -2,022.98 and a beta of 0.49. RADCOM has a one year low of $16.60 and a one year high of $22.45.

RADCOM (NASDAQ:RDCM) last announced its earnings results on Tuesday, February 13th. The technology company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.10. The business had revenue of $10.60 million for the quarter, compared to the consensus estimate of $10.54 million. RADCOM had a negative net margin of 0.27% and a positive return on equity of 0.71%. RADCOM’s quarterly revenue was up 32.5% on a year-over-year basis. During the same period last year, the firm posted $0.04 earnings per share. analysts predict that RADCOM will post 0.13 EPS for the current fiscal year.

Several hedge funds have recently bought and sold shares of RDCM. Tower Research Capital LLC TRC raised its stake in shares of RADCOM by 109.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 8,626 shares of the technology company’s stock worth $171,000 after acquiring an additional 4,502 shares in the last quarter. ARK Investment Management LLC purchased a new position in shares of RADCOM during the fourth quarter worth approximately $248,000. Pinnacle Associates Ltd. purchased a new position in shares of RADCOM during the third quarter worth approximately $316,000. 1492 Capital Management LLC purchased a new position in shares of RADCOM during the fourth quarter worth approximately $518,000. Finally, Malaga Cove Capital LLC raised its stake in shares of RADCOM by 112.4% during the fourth quarter. Malaga Cove Capital LLC now owns 26,544 shares of the technology company’s stock worth $527,000 after acquiring an additional 14,044 shares in the last quarter. 15.15% of the stock is currently owned by hedge funds and other institutional investors.

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About RADCOM

RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.

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