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Radcom (RDCM) Shows Strength: Stock Adds 6% in Session

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Radcom Ltd. (RDCM - Free Report) was a big mover last session, as its shares rose 6% on the day. The move after AT&T made a public endorsement through a press release acknowledging Radcom "as a key supplier". This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $18.72 to $20.22 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Radcom currently carries a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Another favorable-ranked stock in the comp-networks space is Lantronix, Inc. , which also sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Is RDCM going up? Or down? Predict to see what others think: Up or Down

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