RADCOM (NASDAQ:RDCM) Share Price Passes Above 200 Day Moving Average – Time to Sell?

RADCOM Ltd. (NASDAQ:RDCM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.53 and traded as high as $13.98. RADCOM shares last traded at $13.38, with a volume of 187,013 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of RADCOM from a “strong-buy” rating to a “buy” rating in a report on Saturday.

RADCOM Stock Up 10.5 %

The company has a market capitalization of $209.56 million, a PE ratio of 28.47 and a beta of 0.89. The stock’s 50 day moving average is $11.75 and its two-hundred day moving average is $10.54.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in RADCOM stock. Janney Montgomery Scott LLC increased its holdings in shares of RADCOM Ltd. (NASDAQ:RDCM) by 30.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 304,064 shares of the technology company’s stock after buying an additional 70,544 shares during the quarter. Janney Montgomery Scott LLC owned 1.94% of RADCOM worth $3,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 48.32% of the stock is currently owned by hedge funds and other 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.