Radcom Ltd. (NASDAQ:RDCM) fell 2.6% during mid-day trading on Monday . The company traded as low as $16.22 and last traded at $16.23, with a volume of 59,245 shares. The stock had previously closed at $16.67.

A number of brokerages have issued reports on RDCM. TheStreet upgraded Radcom from a “hold” rating to a “buy” rating in a research note on Wednesday, August 3rd. Needham & Company LLC reiterated a “buy” rating and issued a $17.00 price target (up previously from $16.00) on shares of Radcom in a research note on Wednesday, August 3rd. Zacks Investment Research lowered Radcom from a “buy” rating to a “hold” rating in a research note on Saturday, July 30th. Finally, William Blair reiterated a “buy” rating on shares of Radcom in a research note on Monday, June 20th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $15.67.

The company’s 50-day moving average is $13.22 and its 200-day moving average is $13.48. The company has a market capitalization of $160.57 million and a price-to-earnings ratio of 138.97.

Radcom (NASDAQ:RDCM) last posted its earnings results on Wednesday, August 3rd. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.13. The business had revenue of $7.20 million for the quarter, compared to analyst estimates of $6.80 million. On average, analysts forecast that Radcom Ltd. will post $0.38 earnings per share for the current fiscal year.

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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