RADCOM (NASDAQ:RDCM) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Friday.

Several other brokerages also recently weighed in on RDCM. Zacks Investment Research downgraded RADCOM from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. William Blair began coverage on RADCOM in a research report on Monday, October 9th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $25.00.

Shares of RADCOM (NASDAQ RDCM) opened at $19.30 on Friday. The firm has a market capitalization of $248.77, a P/E ratio of -1,928.07 and a beta of 1.15. RADCOM has a 12-month low of $16.60 and a 12-month high of $22.45.

RADCOM (NASDAQ:RDCM) last announced its quarterly earnings data on Monday, November 6th. The technology company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.11. RADCOM had a positive return on equity of 0.71% and a negative net margin of 0.27%. equities analysts forecast that RADCOM will post 0.13 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the business. Pinnacle Associates Ltd. bought a new stake in RADCOM in the third quarter valued at approximately $316,000. Granite Investment Partners LLC bought a new stake in RADCOM in the third quarter valued at approximately $548,000. Goldman Sachs Group Inc. lifted its position in RADCOM by 0.8% in the second quarter. Goldman Sachs Group Inc. now owns 34,475 shares of the technology company’s stock valued at $667,000 after purchasing an additional 272 shares during the last quarter. Finally, ETF Managers Group LLC bought a new stake in RADCOM in the second quarter valued at approximately $101,000. Hedge funds and other institutional investors own 14.26% of the company’s stock.

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RADCOM Company Profile

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.

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