RADCOM (NASDAQ:RDCM – Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.07 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
RADCOM Stock Down 0.5 %
NASDAQ RDCM opened at $7.67 on Tuesday. RADCOM has a 52 week low of $7.52 and a 52 week high of $11.50. The stock has a market capitalization of $113.05 million, a PE ratio of 127.83 and a beta of 0.82. The firm has a 50 day moving average of $8.50 and a two-hundred day moving average of $9.15.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in RDCM. JPMorgan Chase & Co. boosted its holdings in shares of RADCOM by 114.2% in the 1st quarter. JPMorgan Chase & Co. now owns 3,547 shares of the technology company’s stock valued at $46,000 after buying an additional 1,891 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of RADCOM by 4.9% in the 1st quarter. Renaissance Technologies LLC now owns 163,333 shares of the technology company’s stock valued at $1,646,000 after buying an additional 7,700 shares in the last quarter. Millennium Management LLC acquired a new position in shares of RADCOM in the 2nd quarter valued at $123,000. BlackRock Inc. acquired a new position in shares of RADCOM in the 1st quarter valued at $169,000. Finally, Lynrock Lake LP boosted its holdings in shares of RADCOM by 22.3% in the 4th quarter. Lynrock Lake LP now owns 1,981,823 shares of the technology company’s stock valued at $21,681,000 after buying an additional 360,816 shares in the last quarter. Institutional investors and hedge funds own 34.06% of the company’s stock.
Analyst Ratings Changes
RADCOM Ltd. provides 5G ready cloud-native network intelligence and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.
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