RF Industries (NASDAQ:RFIL – Get Free Report) issued its earnings results on Thursday. The electronics maker reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), Zacks reports. RF Industries had a negative return on equity of 4.28% and a negative net margin of 11.58%.
RF Industries Stock Up 10.9 %
Shares of NASDAQ:RFIL opened at $4.56 on Friday. The company’s 50-day moving average price is $3.99 and its 200 day moving average price is $3.94. The company has a market cap of $47.83 million, a PE ratio of -6.61 and a beta of 0.99. RF Industries has a fifty-two week low of $2.84 and a fifty-two week high of $4.65.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on RF Industries in a research report on Monday. They set a “hold” rating on the stock.
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.
Featured Stories
- Five stocks we like better than RF Industries
- What Are Earnings Reports?
- Bank Stocks Are on Fire; Here’s Where the Action Is Smoking Hot
- What is the NASDAQ Stock Exchange?
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
Receive News & Ratings for RF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RF Industries and related companies with MarketBeat.com's FREE daily email newsletter.