The stock of RADCOM Ltd. (NASDAQ:RDCM) is a huge mover today! The stock increased 4.50% or $0.88 on September 30, hitting $20.42. About 241,440 shares traded hands or 0.96% up from the average. RADCOM Ltd. (NASDAQ:RDCM) has risen 46.81% since February 26, 2016 and is uptrending. It has outperformed by 36.38% the S&P500.
The move comes after 9 months positive chart setup for the $226.70 million company. It was reported on Oct, 1 by Barchart.com. We have $30.63 PT which if reached, will make NASDAQ:RDCM worth $113.35 million more.
Analysts await RADCOM Ltd. (NASDAQ:RDCM) to report earnings on October, 25. They expect $0.01 earnings per share, down 83.33% or $0.05 from last year’s $0.06 per share. RDCM’s profit will be $111,019 for 510.50 P/E if the $0.01 EPS becomes a reality. After $0.17 actual earnings per share reported by RADCOM Ltd. for the previous quarter, Wall Street now forecasts -94.12% negative EPS growth.
RADCOM Ltd. (NASDAQ:RDCM) Ratings Coverage
Out of 2 analysts covering Radcom Ltd (NASDAQ:RDCM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Radcom Ltd has been the topic of 2 analyst reports since February 18, 2016 according to StockzIntelligence Inc. Needham initiated it with “Buy” rating and $16 target price in Monday, May 23 report.
According to Zacks Investment Research, “RADCOM LTD. designs, manufactures, markets and supports innovative, high performance internetworking test and analysis equipment for data communications networks. Their products are used in the development and manufacturing of network equipment, the installation of networks, and the ongoing maintenance of operational networks. (Press Release)”
More notable recent RADCOM Ltd. (NASDAQ:RDCM) news were published by: Marketwatch.com which released: “Plus the latest data from Realtor.com on 21 home markets across the US” on October 08, 2010, also Prnewswire.com with their article: “RADCOM Reports Q2 & H1 2016 Financial Results” published on August 03, 2016, Streetinsider.com published: “Radcom Ltd. (RDCM) Taps Amdocs’ Vered as CFO” on June 20, 2016. More interesting news about RADCOM Ltd. (NASDAQ:RDCM) were released by: Streetinsider.com and their article: “Radcom Ltd. (RDCM) Plans $20M Equity Raise” published on May 16, 2016 as well as Streetinsider.com‘s news article titled: “Radcom Ltd. (RDCM) Prices 1.82M Common Stock Offering at $11/Share” with publication date: May 20, 2016.
RDCM Company Profile
RADCOM Ltd. (RADCOM), incorporated on July 5, 1985, provides service assurance and customer experience management solutions for communication service providers (CSPs). The Firm 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. The Company’s software solutions enable CSPs to manage both existing networks and network functions virtualization (NFV) based architectures. The Company’s products and solutions include The MaveriQ Solution for Service Assurance and Customer Experience Management (CEM).
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