RADCOM Ltd. (NASDAQ:RDCM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.75 and traded as high as $9.83. RADCOM shares last traded at $9.74, with a volume of 12,270 shares changing hands.

Separately, Zacks Investment Research downgraded shares of RADCOM from a “hold” rating to a “sell” rating in a report on Wednesday, February 24th.

The stock has a market cap of $134.58 million, a P/E ratio of -29.27 and a beta of 1.07. The stock’s fifty day simple moving average is $9.94 and its 200-day simple moving average is $9.76.

RADCOM (NASDAQ:RDCM) last issued its earnings results on Wednesday, February 17th. The technology company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.09. The company had revenue of $10.25 million during the quarter, compared to analysts’ expectations of $9.20 million. RADCOM had a negative net margin of 12.72% and a negative return on equity of 6.40%. On average, equities analysts predict that RADCOM Ltd. will post -0.32 earnings per share for the current year.

Several large investors have recently modified their holdings of RDCM. Norges Bank acquired a new position in shares of RADCOM in the 4th quarter valued at approximately $2,041,000. Susquehanna International Group LLP acquired a new position in shares of RADCOM in the 4th quarter valued at approximately $736,000. Taylor Frigon Capital Management LLC raised its position in shares of RADCOM by 17.6% in the 4th quarter. Taylor Frigon Capital Management LLC now owns 404,494 shares of the technology company’s stock valued at $4,429,000 after buying an additional 60,630 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of RADCOM by 59.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 78,640 shares of the technology company’s stock valued at $861,000 after buying an additional 29,350 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in RADCOM by 5.6% during the 4th quarter. Russell Investments Group Ltd. now owns 499,192 shares of the technology company’s stock worth $5,461,000 after purchasing an additional 26,626 shares in the last quarter. Institutional investors own 22.02% of the company’s stock.

About RADCOM (NASDAQ:RDCM)

RADCOM Ltd. provides 5G ready cloud-native network intelligence and service assurance solutions for telecom operators or communication service providers (CSPs). The company provides RADCOM ACE comprise RADCOM Service Assurance, a cloud-native, 5G-ready, fully virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.

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