Analysts who follow RADCOM Ltd. (RDCM) on average expect it to decline -100.00% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns RADCOM Ltd. an Analyst Ranking of 78, which means it ranks higher than 78 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With RADCOM Ltd. Stock Today?
RADCOM Ltd. (RDCM) stock is up 0.81% while the S&P 500 has fallen -0.12% as of 2:20 PM on Tuesday, Mar 2. RDCM has gained $0.08 from the previous closing price of $9.82 on volume of 139,669 shares. Over the past year the S&P 500 is up 26.11% while RDCM has gained 11.36%. RDCM lost -$0.29 per share the over the last 12 months.