RADCOM (NASDAQ:RDCM) was downgraded by equities research analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Monday.

A number of other research analysts also recently weighed in on the stock. William Blair restated an “outperform” rating on shares of RADCOM in a research report on Friday, September 14th. Zacks Investment Research upgraded shares of RADCOM from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Saturday, August 11th. BidaskClub downgraded shares of RADCOM from a “hold” rating to a “sell” rating in a research report on Tuesday, July 31st. TheStreet downgraded shares of RADCOM from a “b-” rating to a “c” rating in a research report on Monday, September 17th. Finally, Needham & Company LLC lowered their price objective on shares of RADCOM from $27.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, September 19th. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $21.00.

Shares of NASDAQ:RDCM traded down $1.25 during trading on Monday, reaching $11.55. 302,800 shares of the stock traded hands, compared to its average volume of 55,343. RADCOM has a 52-week low of $11.25 and a 52-week high of $22.40. The stock has a market cap of $173.23 million, a price-to-earnings ratio of 50.22 and a beta of -0.18.

RADCOM (NASDAQ:RDCM) last posted its quarterly earnings results on Tuesday, August 7th. The technology company reported $0.10 EPS for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.05. RADCOM had a net margin of 10.81% and a return on equity of 6.47%. The firm had revenue of $10.64 million for the quarter, compared to analysts’ expectations of $10.80 million. sell-side analysts forecast that RADCOM will post 0.23 EPS for the current year.

A number of institutional investors have recently modified their holdings of RDCM. Northern Trust Corp bought a new position in RADCOM during the second quarter valued at approximately $104,000. Malaga Cove Capital LLC lifted its position in RADCOM by 32.9% during the second quarter. Malaga Cove Capital LLC now owns 37,506 shares of the technology company’s stock valued at $741,000 after purchasing an additional 9,280 shares during the period. Finally, Renaissance Technologies LLC lifted its position in RADCOM by 119.7% during the second quarter. Renaissance Technologies LLC now owns 154,700 shares of the technology company’s stock valued at $3,055,000 after purchasing an additional 84,300 shares during the period. Institutional investors own 25.28% of the company’s stock.

RADCOM Company Profile

RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.

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