Shares of RadiSys Co. (NASDAQ:RSYS) were up 5.6% during trading on Thursday . The stock traded as high as $1.14 and last traded at $1.13. Approximately 1,392,700 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 2,187,714 shares. The stock had previously closed at $1.07.

Several analysts have commented on RSYS shares. Zacks Investment Research upgraded shares of RadiSys from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. Roth Capital reiterated a “buy” rating on shares of RadiSys in a report on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. RadiSys presently has a consensus rating of “Hold” and an average price target of $3.60.

The company has a market cap of $44.24, a price-to-earnings ratio of -1.19 and a beta of 1.20.

RadiSys (NASDAQ:RSYS) last released its earnings results on Tuesday, November 7th. The technology company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.16). RadiSys had a negative net margin of 26.07% and a negative return on equity of 47.11%. The business had revenue of $28.80 million for the quarter, compared to analysts’ expectations of $28.11 million. During the same quarter in the previous year, the business posted $0.07 earnings per share. RadiSys’s revenue for the quarter was down 48.0% on a year-over-year basis. research analysts expect that RadiSys Co. will post -0.59 EPS for the current year.

Hedge funds have recently added to or reduced their stakes in the company. Rhumbline Advisers lifted its holdings in shares of RadiSys by 26.3% during the second quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock valued at $155,000 after purchasing an additional 8,575 shares during the last quarter. Moors & Cabot Inc. increased its position in shares of RadiSys by 0.4% during the second quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock valued at $183,000 after acquiring an additional 200 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of RadiSys by 19.6% during the second quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock valued at $585,000 after acquiring an additional 25,495 shares in the last quarter. State Street Corp increased its position in shares of RadiSys by 10.1% during the second quarter. State Street Corp now owns 517,315 shares of the technology company’s stock valued at $1,946,000 after acquiring an additional 47,538 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of RadiSys by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock valued at $5,785,000 after acquiring an additional 49,835 shares in the last quarter. Hedge funds and other institutional investors own 57.18% of the company’s stock.

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RadiSys Company Profile

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

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