RADCOM (NASDAQ:RDCM) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

RADCOM Ltd. (NASDAQ:RDCM) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.82 and traded as high as $11.91. RADCOM shares last traded at $11.43, with a volume of 35,112 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. StockNews.com lowered RADCOM from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th. Needham & Company LLC reiterated a “buy” rating and set a $16.00 target price on shares of RADCOM in a research report on Friday, January 17th.

RADCOM Trading Down 0.2 %

The firm has a market cap of $181.68 million, a price-to-earnings ratio of 26.36 and a beta of 0.93. The company has a 50 day moving average of $12.75 and a 200 day moving average of $11.83.

RADCOM (NASDAQ:RDCM) last posted its earnings results on Wednesday, February 12th. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.05). RADCOM had a net margin of 11.42% and a return on equity of 8.18%. As a group, sell-side analysts anticipate that RADCOM Ltd. will post 0.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in RDCM. Janney Montgomery Scott LLC grew its stake in shares of RADCOM by 3.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 313,211 shares of the technology company’s stock valued at $3,871,000 after purchasing an additional 9,147 shares during the last quarter. Legato Capital Management LLC acquired a new position in RADCOM during the 4th quarter worth $848,000. Acuitas Investments LLC increased its position in RADCOM by 21.6% in the fourth quarter. Acuitas Investments LLC now owns 183,498 shares of the technology company’s stock worth $2,268,000 after purchasing an additional 32,631 shares during the period. Essex Investment Management Co. LLC bought a new stake in RADCOM during the 4th quarter worth about $2,832,000. Finally, Value Base Ltd. bought a new position in shares of RADCOM in the 4th quarter valued at about $10,330,000. 48.32% of the stock is owned by institutional investors.

About RADCOM

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.