Is This Stock a Screaming Buy: Radcom Ltd. (NASDAQ:RDCM)

Equity Research firms currently have a positive stance on shares of Radcom Ltd. (NASDAQ:RDCM). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $23.00 on a short term basis.

At the time of writing, the stock was trading at $21.52. This represents a change from the opening price of 0.14%. In terms of performance, year to date, the stock is 42.60%. The monthly stock performance comes in at 10.25%. For the quarter, shares are performing at 74.37%. Weekly performance analysis shows the equity at 8.96%.

In taking a look at technical levels, shares are trading 18.99% away from the 50 day simple moving average and 47.56% away from the 200 day simple moving average. Based on a recent bid, the stock is trading 0.14% away from it’s 52- week high and 138.53% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Radcom Ltd.’s RSI stands at 67.91. In looking at volatility levels, the shares saw weekly volatility of 4.78% and 3.95% over the past month.

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