Zacks Investment Research downgraded RADCOM Ltd. (NASDAQ:RDCM) to Hold in a report released today.
- Updated: October 9, 2016
Zacks Investment Research has downgraded RADCOM Ltd. (NASDAQ:RDCM) to Hold in a report released on 10/05/2016.
Previously on Monday September 26, 2016, Needham reported about RADCOM Ltd. (NASDAQ:RDCM) raised the target price from $17.00 to $23.00. At the time, this indicated a possible upside of 0.19%.
Yesterday RADCOM Ltd. (NASDAQ:RDCM) traded 2.58% higher at $20.06. RADCOM Ltd.’s 50-day average is $19.16 and its two hundred day average is $14.87. With the last close up 46.87% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 291,146 shares of the stock traded hands, up from an average trading volume of 187,817
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RADCOM Ltd. has a 52 week low of $9.02 and a 52 week high of $21.91 with a P/E ratio of 186.67 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 1 brokerage has issued a ratings update on the company. The average stock price target is $16.00 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About RADCOM Ltd. (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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