Old West Investment Management LLC Acquires 51,365 Shares of Rafael Holdings, Inc. (NYSE:RFL)

Old West Investment Management LLC boosted its holdings in Rafael Holdings, Inc. (NYSE:RFL) by 102.0% in the second quarter, Holdings Channel reports. The firm owned 101,732 shares of the company’s stock after purchasing an additional 51,365 shares during the quarter. Old West Investment Management LLC’s holdings in Rafael were worth $146,000 as of its most recent SEC filing.

Separately, Marquette Asset Management LLC bought a new position in Rafael in the first quarter valued at approximately $85,000. Hedge funds and other institutional investors own 11.30% of the company’s stock.

Rafael Trading Down 2.4 %

NYSE RFL opened at $1.63 on Tuesday. Rafael Holdings, Inc. has a 12 month low of $1.29 and a 12 month high of $2.27. The stock has a 50 day moving average of $1.47 and a 200-day moving average of $1.56. The company has a market cap of $40.05 million, a PE ratio of -1.36 and a beta of 1.05.

Rafael (NYSE:RFL) last released its quarterly earnings data on Friday, June 14th. The company reported ($1.36) earnings per share for the quarter. The firm had revenue of $0.34 million for the quarter. Rafael had a negative return on equity of 36.57% and a negative net margin of 5,329.44%.

About Rafael

Rafael Holdings, Inc primarily engages in holding interests in clinical and early-stage pharmaceutical companies, and commercial real estate assets in the United States and Israel. It operates in two segments, Healthcare and Real Estate. The company engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells.