Alert: Positive Investment/Fundamental Signals (9/3/24)-Radcom Ltd (NASDAQ: RDCM)

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Radcom Ltd (NASDAQ: RDCM) has recently enjoyed significant positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

Recent meaningful positive changes in investment behavior have benefitted Radcom Ltd (NASDAQ: RDCM): positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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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 slightly positive Power Rating of 65, triggering the Neutral Value Trend Rating.

Recent Price Action

Radcom Ltd (NASDAQ: RDCM) stock declined by -2.3% on 9/3/24. The shares closed at $9.74. This decline was accompanied by normal trading volume. The stock is unchanged during the last week and has been strong relative to the market over the last nine months.

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