Alert: Major Price Advance (5/14/24)-Radcom Ltd (NASDAQ: RDCM).

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Radcom Ltd (NASDAQ: RDCM) stock closed at $10.54 on 5/14/24 after a major increase of 12.1%. Moreover, trading volume in this advance was above average at 120% of normal. The stock has risen 8.8% during the last week and has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, RDCM is expected to be a Value Builder.

Radcom has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Radcom has a slightly negative Appreciation Score of 31 but a good Power Rating of 76, with the Neutral Value Trend Rating the result.

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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