StockNews.com began coverage on shares of RF Industries (NASDAQ:RFIL – Free Report) in a report issued on Sunday morning. The firm issued a hold rating on the electronics maker’s stock.
RF Industries Trading Down 1.2 %
Shares of RF Industries stock opened at $4.03 on Friday. The business’s 50 day simple moving average is $3.53 and its 200-day simple moving average is $3.25. The stock has a market capitalization of $42.32 million, a price-to-earnings ratio of -5.17 and a beta of 1.00. RF Industries has a twelve month low of $2.51 and a twelve month high of $4.65.
RF Industries (NASDAQ:RFIL – Get Free Report) last announced its quarterly earnings results on Thursday, June 13th. The electronics maker reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.04. The business had revenue of $16.11 million for the quarter, compared to analysts’ expectations of $16.28 million. RF Industries had a negative return on equity of 5.92% and a negative net margin of 13.34%.
About RF Industries
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.
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