Radcom Ltd (NASDAQ: RDCM) stock closed at $9.59 on 5/2/24 after a major increase of 11.0%. However, this advance was accompanied by below average trading volume at 71% of normal. The stock has risen 9.0% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
RDCM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a Value Builder.
Radcom has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Radcom has a slightly negative Appreciation Score of 32 but a good Power Rating of 77, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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