RADCOM Ltd. [RDCM] Analysis: Why RDCM Stock Is Skyrocketing Today

Over the past three months, RADCOM Ltd. [RDCM] ended the trading day at $9.65 and exhibited a change of 2.23% with a 24 hour trading and reached upto the volume of 16.53K compared to its recorded trading volume of 27489.0. RDCM generated a 1 year amount change with -5.60%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 8.88% with an amount shift of 15.40% over the last month.

On 10, November 2020, RADCOM Reports Third Quarter 2020 Results. According to news published on Yahoo Finance, – Third quarter revenues of $9.8 million.

Analyst Birdseye View:

The most recent analyst activity for RADCOM Ltd. [NASDAQ:RDCM] stock was on October 24, 2016, when it was Reiterated with a Buy rating from Needham, which also raised its 12-month price target on the stock from $23 to $27. Before that, on September 19, 2018, Needham Recapitulated a Buy rating and elevated its amount target to $20. On September 26, 2016, Needham Reiterated a Buy rating and boosted its price target on this stock from $17 to $23. On May 23, 2016, Needham Initiated a Buy rating and increased its price target to $16. On December 12, 2014, H.C. Wainwright Reiterated a Buy rating and increased its price target to $13.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $5.23 and a peak of $10.30. Right now, the middling Wall Street analyst 12-month amount mark is $12.00. At the most recent market close, shares of RADCOM Ltd. [NASDAQ:RDCM] were valued at $9.65.

FUNDAMENTAL ANALYSIS

RADCOM Ltd. [NASDAQ:RDCM] most recently reported quarterly sales of 9.16 billion, which represented growth of 4.30%. This publicly-traded organization’s revenue is $117,057 per employee, while its income is -$24,227 per employee. This company’s Gross Margin is currently 71.70%, its Operating Margin is -14.70%, its Pretax Margin is -20.18, and its Net Margin is -20.70. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -7.35, -8.97, -9.88 and -8.69 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 7.78 and the whole liability to whole assets at 6.46. It shows enduring liability to the whole principal at 6.20 and enduring liability to assets at 0.05 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.25 points at 1st support level, the second support level is making up to 9.05. But as of 1st resistance point, this stock is sitting at 9.54 and at 9.63 for 2nd resistance point.

RADCOM Ltd. [RDCM] reported its earnings at $0.02 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.04/share signifying the difference of 0.06 and 150.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.02 calling estimates for -$0.08/share with the difference of 0.1 depicting the surprise of 125.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for RADCOM Ltd. [NASDAQ:RDCM] is 7.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 5.44. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.56 and it’s amount to book ratio is 1.59.