Radcom Ltd (NASDAQ: RDCM) stock closed at $11.87 on 3/8/24 after a major increase of 10.5%. Moreover, trading volume in this advance was exceptionally high at 200% of normal. The stock has risen 17.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RDCM is expected to be a Value Builder.
Radcom has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Radcom has a neutral Power Rating of 49 but a poor Appreciation Score of 22, resulting in the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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