RADCOM Ltd. (NASDAQ:RDCM) has earned a consensus rating of “Hold” from the six analysts that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation and two have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $12.00.

A number of research analysts recently weighed in on RDCM shares. ValuEngine cut shares of RADCOM from a “hold” rating to a “sell” rating in a report on Monday, September 17th. Needham & Company LLC dropped their price objective on shares of RADCOM from $20.00 to $12.00 and set a “buy” rating for the company in a report on Thursday, October 11th. Zacks Investment Research cut shares of RADCOM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 10th. TheStreet cut shares of RADCOM from a “b-” rating to a “c” rating in a report on Monday, September 17th. Finally, BidaskClub cut shares of RADCOM from a “sell” rating to a “strong sell” rating in a report on Friday, August 10th.

Several hedge funds have recently made changes to their positions in RDCM. Northern Trust Corp acquired a new position in shares of RADCOM in the second quarter valued at approximately $104,000. Jane Street Group LLC acquired a new position in RADCOM during the 3rd quarter worth approximately $247,000. Laurion Capital Management LP acquired a new position in RADCOM during the 3rd quarter worth approximately $329,000. Malaga Cove Capital LLC grew its holdings in RADCOM by 29.6% during the 3rd quarter. Malaga Cove Capital LLC now owns 48,606 shares of the technology company’s stock worth $552,000 after acquiring an additional 11,100 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in RADCOM by 9.4% during the 3rd quarter. Renaissance Technologies LLC now owns 169,233 shares of the technology company’s stock worth $1,904,000 after acquiring an additional 14,533 shares in the last quarter. Hedge funds and other institutional investors own 25.44% of the company’s stock.

Shares of RDCM stock traded down $0.14 during trading on Monday, reaching $8.13. The company’s stock had a trading volume of 28,049 shares, compared to its average volume of 27,739. The stock has a market capitalization of $111.92 million, a P/E ratio of 28.52 and a beta of 0.32. RADCOM has a 1-year low of $7.91 and a 1-year high of $21.80.

RADCOM (NASDAQ:RDCM) last announced its quarterly earnings data on Wednesday, November 7th. The technology company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.16. The firm had revenue of $8.52 million during the quarter, compared to analysts’ expectations of $10.70 million. RADCOM had a net margin of 9.76% and a return on equity of 4.99%. Equities analysts forecast that RADCOM will post -0.21 earnings per share for the current fiscal year.

About RADCOM

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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