RADCOM (NASDAQ:RDCM) Stock Rating Upgraded by StockNews.com

RADCOM (NASDAQ:RDCMGet Free Report) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report issued on Friday.

RADCOM Trading Up 4.2 %

Shares of RADCOM stock opened at $12.15 on Friday. RADCOM has a 12-month low of $7.70 and a 12-month high of $12.84. The company has a market capitalization of $190.29 million, a P/E ratio of 25.85 and a beta of 0.89. The stock has a fifty day simple moving average of $11.54 and a 200 day simple moving average of $10.44.

Institutional Trading of RADCOM

An institutional investor recently raised its position in RADCOM stock. Acadian Asset Management LLC lifted its stake in RADCOM Ltd. (NASDAQ:RDCMFree Report) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,808 shares of the technology company’s stock after purchasing an additional 5,628 shares during the quarter. Acadian Asset Management LLC owned about 0.62% of RADCOM worth $881,000 as of its most recent filing with the Securities & Exchange Commission. 48.32% of the stock is currently owned by hedge funds and other institutional investors.

About RADCOM

(Get Free Report)

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and 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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