StockNews.com initiated coverage on shares of RF Industries (NASDAQ:RFIL – Free Report) in a research note published on Wednesday morning. The firm issued a hold rating on the electronics maker’s stock.
RF Industries Stock Performance
Shares of RFIL stock opened at $3.28 on Wednesday. The firm has a 50 day moving average price of $3.09 and a two-hundred day moving average price of $3.06. The company has a quick ratio of 1.38, a current ratio of 2.88 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $33.92 million, a PE ratio of -11.31 and a beta of 0.92. RF Industries has a 12-month low of $2.51 and a 12-month high of $5.16.
RF Industries (NASDAQ:RFIL – Get Free Report) last issued its quarterly earnings data on Tuesday, January 23rd. The electronics maker reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.03. RF Industries had a negative net margin of 4.26% and a negative return on equity of 1.10%. The firm had revenue of $15.87 million during the quarter, compared to the consensus estimate of $16.71 million. As a group, analysts predict that RF Industries will post 0.04 earnings per share for the current year.
Institutional Investors Weigh In On RF Industries
RF Industries Company Profile
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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