RF Industries (NASDAQ:RFIL) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of RF Industries (NASDAQ:RFIL) in a research report report published on Wednesday. The brokerage issued a hold rating on the electronics maker’s stock.

Separately, B. Riley cut their price objective on RF Industries from $4.25 to $4.00 and set a buy rating for the company in a research note on Wednesday, March 20th.

RF Industries Price Performance

Shares of RFIL stock opened at $3.38 on Wednesday. The company has a market cap of $35.49 million, a price-to-earnings ratio of -4.33 and a beta of 1.00. RF Industries has a 1 year low of $2.51 and a 1 year high of $4.39. The firm has a fifty day moving average price of $3.08 and a 200-day moving average price of $3.06.

RF Industries (NASDAQ:RFIL) last released its earnings results on Thursday, June 13th. The electronics maker reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.04. The company had revenue of $16.11 million for the quarter, compared to the consensus estimate of $16.28 million. RF Industries had a negative return on equity of 5.92% and a negative net margin of 13.34%. Equities research analysts expect that RF Industries will post -0.12 EPS for the current year.

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.