Radcom (RDCM) Shares Up Despite Recent Market Volatility

COIN

Radcom (NASDAQ: RDCM)’s stock price has gone rise by 11.64 in comparison to its previous close of 10.74, however, the company has experienced a 13.76% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that RADCOM Ltd. (NASDAQ:RDCM ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Hilik Itman – Interim Chief Executive Officer Hadar Rahav – Chief Financial Officer Conference Call Participants Ryan Koontz – Needham & Company Operator Ladies and gentlemen, thank you for standing by.

Is It Worth Investing in Radcom (NASDAQ: RDCM) Right Now?

The price-to-earnings ratio for Radcom (NASDAQ: RDCM) is above average at 39.43x. The 36-month beta value for RDCM is also noteworthy at 0.86. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for RDCM is 9.34M, and at present, short sellers hold a 0.07% of that float. The average trading volume of RDCM on November 14, 2024 was 35.55K shares.

RDCM’s Market Performance

RDCM stock saw an increase of 13.76% in the past week, with a monthly gain of 13.22% and a quarterly increase of 23.86%. The volatility ratio for the week is 5.03%, and the volatility levels for the last 30 days are 4.72% for Radcom (RDCM). The simple moving average for the past 20 days is 13.30% for RDCM’s stock, with a 20.90% simple moving average for the past 200 days.

Analysts’ Opinion of RDCM

Many brokerage firms have already submitted their reports for RDCM stocks, with Needham repeating the rating for RDCM by listing it as a “Buy.” The predicted price for RDCM in the upcoming period, according to Needham is $14 based on the research report published on January 25, 2024 of the current year 2024.

Needham, on the other hand, stated in their research note that they expect to see RDCM reach a price target of $20, previously predicting the price at $27. The rating they have provided for RDCM stocks is “Buy” according to the report published on September 19th, 2018.

Needham gave a rating of “Buy” to RDCM, setting the target price at $27 in the report published on October 24th of the previous year.

RDCM Trading at 16.60% from the 50-Day Moving Average

After a stumble in the market that brought RDCM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.91% of loss for the given period.

Volatility was left at 4.72%, however, over the last 30 days, the volatility rate increased by 5.03%, as shares surge +9.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.42% upper at present.

During the last 5 trading sessions, RDCM rose by +13.76%, which changed the moving average for the period of 200-days by +24.90% in comparison to the 20-day moving average, which settled at $10.58. In addition, Radcom saw 48.76% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at RDCM starting from AMIT RAM, who proposed sale 3,000 shares at the price of $9.44 back on Sep 12 ’24. After this action, AMIT RAM now owns shares of Radcom, valued at $28,320 using the latest closing price.

Itman Yehiel, the Officer of Radcom, proposed sale 4,525 shares at $10.00 during a trade that took place back on Aug 29 ’24, which means that Itman Yehiel is holding shares at $45,250 based on the most recent closing price.

Stock Fundamentals for RDCM

Current profitability levels for the company are sitting at:

  • 0.01 for the present operating margin
  • 0.74 for the gross margin

The net margin for Radcom stands at 0.09. The total capital return value is set at 0.01. Equity return is now at value 5.80, with 4.37 for asset returns.

Currently, EBITDA for the company is 16000.0 with net debt to EBITDA at -12.01. When we switch over and look at the enterprise to sales, we see a ratio of 3.09. The receivables turnover for the company is 3.11for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.42.

Conclusion

In summary, Radcom (RDCM) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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