News coverage about RADCOM (NASDAQ:RDCM) has trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. RADCOM earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.1519577885306 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
RDCM traded down $0.20 during midday trading on Wednesday, reaching $19.80. The company’s stock had a trading volume of 30,563 shares, compared to its average volume of 29,465. The stock has a market cap of $271.34 million, a PE ratio of 86.09 and a beta of 0.65. RADCOM has a 1 year low of $17.00 and a 1 year high of $22.45.
RADCOM (NASDAQ:RDCM) last announced its quarterly earnings data on Tuesday, May 22nd. The technology company reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.10. The business had revenue of $10.90 million for the quarter, compared to analysts’ expectations of $9.50 million. RADCOM had a net margin of 8.88% and a return on equity of 5.94%. sell-side analysts forecast that RADCOM will post 0.18 EPS for the current fiscal year.
Several equities analysts recently issued reports on RDCM shares. Zacks Investment Research upgraded shares of RADCOM from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research report on Tuesday, May 29th. BidaskClub cut shares of RADCOM from a “hold” rating to a “sell” rating in a research report on Wednesday, May 16th. Finally, William Blair reiterated a “buy” rating on shares of RADCOM in a research report on Monday, June 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $25.00.
RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.
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