Shares of AudioCodes Ltd. (NASDAQ:AUDC) traded down 1.9% during trading on Monday . The stock traded as low as $5.12 and last traded at $5.25, with a volume of 107,956 shares traded. The stock had previously closed at $5.35.

Several analysts have commented on the stock. William Blair reaffirmed a “buy” rating on shares of AudioCodes in a research report on Wednesday, May 4th. Zacks Investment Research downgraded shares of AudioCodes from a “buy” rating to a “hold” rating in a research note on Tuesday, July 5th. Drexel Hamilton reiterated a “hold” rating on shares of AudioCodes in a research note on Thursday, July 28th. Finally, Needham & Company LLC lifted their target price on shares of AudioCodes from $5.00 to $5.50 and gave the stock a “buy” rating in a research note on Wednesday, July 27th.

The firm has a market capitalization of $189.75 million and a PE ratio of 62.65. The firm has a 50-day moving average of $4.39 and a 200-day moving average of $4.27.

AudioCodes (NASDAQ:AUDC) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.06 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.06. The business earned $35.90 million during the quarter, compared to the consensus estimate of $35.38 million. AudioCodes’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.01) EPS. Analysts expect that AudioCodes Ltd. will post $0.25 EPS for the current fiscal year.

AudioCodes Ltd. designs, develops and sells products and services for voice and data over packet networks. The Company’s products primarily provide the media gateway and session border controllers (SBC) element in the network, as well as voice over Internet protocol (VoIP), end-points, such as Internet protocol (IP) Phones and VoIP mobile clients.

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