Shares of Radcom Ltd. (NASDAQ:RDCM) traded up 3.5% during mid-day trading on Friday . The stock traded as high as $19.79 and last traded at $19.69, with a volume of 227,593 shares changing hands. The stock had previously closed at $19.03.

Several analysts have issued reports on the stock. TheStreet raised shares of Radcom from a “hold” rating to a “buy” rating in a report on Wednesday, August 3rd. Zacks Investment Research downgraded shares of Radcom from a “buy” rating to a “hold” rating in a report on Saturday, July 30th. William Blair reaffirmed a “buy” rating on shares of Radcom in a report on Monday, June 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $17.00 price target (up previously from $16.00) on shares of Radcom in a report on Wednesday, August 3rd. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $17.67.

The stock has a market cap of $223.47 million and a price-to-earnings ratio of 168.80. The stock’s 50-day moving average is $15.99 and its 200 day moving average is $13.83.

Radcom (NASDAQ:RDCM) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.13. The firm earned $7.20 million during the quarter, compared to the consensus estimate of $6.80 million. On average, analysts forecast that Radcom Ltd. will post $0.43 EPS 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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