Needham announced RADCOM (NASDAQ:RDCM), bumping up its stock price target to $23.00 today
- Updated: September 25, 2016
In a report released on 9/26/2016 Needham increased the stock price target of RADCOM (NASDAQ:RDCM) from $17.00 to $23.00 reporting a possible upside of 0.19%.
Previously on 08/16/2016, Zacks Investment Research reported on RADCOM (NASDAQ:RDCM) increased the target price from $0.00 to $20.00. At the time, this indicated a possible upside of 0.20%.
Just yesterday RADCOM (NASDAQ:RDCM) traded -1.43% lower at $19.33. RADCOM’s 50-day moving average is $18.09 and its 200-day moving average is $14.42. The last closing price is up 34.04% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 224,943 shares of RDCM traded hands, up from an average trading volume of 175,812
Recent Performance Chart
RADCOM has 52 week low of $9.02 and a 52 week high of $20.32 with a PE ratio of 165.21 and has a market capitalization of $0.
In addition to Needham reporting its stock price target, a total of 1 firm has reported on the stock. The consensus target price is $16.00 with 0 firms rating the stock a strong buy, 0 analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About RADCOM (NASDAQ:RDCM)
RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband. Its software-based solutions enable CSPs to manage both existing networks and network functions virtualization (NFV) based architectures. Its products and solutions include The MaveriQ Solution for Service Assurance and customer experience management (CEM). The MaveriQ solution is a probe-based customer and service assurance solution designed to enable CSPs to carry out end-to-end voice and data quality monitoring and to manage their networks and services. The MaveriQ solution offers analysis and troubleshooting tools.
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