RADCOM (NASDAQ:RDCM) Upgraded at StockNews.com

StockNews.com upgraded shares of RADCOM (NASDAQ:RDCM) from a buy rating to a strong-buy rating in a research report report published on Friday.

RADCOM Stock Performance

Shares of NASDAQ:RDCM opened at $12.15 on Friday. The stock has a market capitalization of $190.29 million, a price-to-earnings ratio of 25.85 and a beta of 0.89. RADCOM has a 1-year low of $7.70 and a 1-year high of $12.84. The company’s fifty day moving average is $11.54 and its two-hundred day moving average is $10.44.

Institutional Trading of RADCOM

An institutional investor recently raised its position in RADCOM stock. Acadian Asset Management LLC lifted its position in shares of RADCOM Ltd. (NASDAQ:RDCM) by 6.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 95,808 shares of the technology company’s stock after acquiring an additional 5,628 shares during the period. Acadian Asset Management LLC owned 0.62% of RADCOM worth $881,000 as of its most recent filing with the SEC. 48.32% of the stock is currently owned by institutional investors and hedge funds.

RADCOM Company Profile

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.