RadiSys Corp. (NASDAQ:RSYS) shares were down 2% during mid-day trading on Monday . The company traded as low as $4.89 and last traded at $4.94, with a volume of 60,102 shares changing hands. The stock had previously closed at $5.04.

A number of research analysts have issued reports on RSYS shares. Zacks Investment Research raised RadiSys Corp. from a “hold” rating to a “buy” rating and set a $5.50 price target for the company in a report on Wednesday, July 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $6.00 target price (up from $5.50) on shares of RadiSys Corp. in a research note on Wednesday, July 27th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $7.25 target price (up from $6.00) on shares of RadiSys Corp. in a research note on Friday, June 17th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $5.92.

The stock’s market capitalization is $191.78 million. The company’s 50-day moving average is $4.98 and its 200-day moving average is $4.29.

RadiSys Corp. (NASDAQ:RSYS) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.04. The business earned $61.30 million during the quarter, compared to analysts’ expectations of $59.72 million. The firm’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.03 earnings per share. On average, analysts predict that RadiSys Corp. will post $0.25 earnings per share for the current year.

A hedge fund recently raised its stake in RadiSys Corp. stock. Dimensional Fund Advisors LP boosted its stake in RadiSys Corp. (NASDAQ:RSYS) by 1.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,281,812 shares of the company’s stock after buying an additional 16,303 shares during the period. Dimensional Fund Advisors LP owned about 3.47% of RadiSys Corp. worth $3,551,000 as of its most recent SEC filing.

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

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