RF Industries (NASDAQ:RFIL) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of RF Industries (NASDAQ:RFILFree Report) in a research report released on Saturday morning. The brokerage issued a hold rating on the electronics maker’s stock.

Separately, B. Riley decreased their target price on shares of RF Industries from $4.25 to $4.00 and set a buy rating for the company in a research report on Wednesday, March 20th.

Read Our Latest Stock Report on RFIL

RF Industries Price Performance

Shares of NASDAQ:RFIL opened at $2.93 on Friday. The company has a quick ratio of 1.32, a current ratio of 2.91 and a debt-to-equity ratio of 0.26. RF Industries has a fifty-two week low of $2.51 and a fifty-two week high of $5.08. The firm has a 50-day simple moving average of $3.02 and a 200 day simple moving average of $2.98. The company has a market cap of $30.77 million, a PE ratio of -9.45 and a beta of 0.93.

RF Industries (NASDAQ:RFILGet Free Report) last announced its quarterly earnings data on Monday, March 18th. The electronics maker reported ($0.06) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.06). RF Industries had a negative net margin of 4.87% and a negative return on equity of 2.63%. The business had revenue of $13.46 million during the quarter, compared to the consensus estimate of $14.49 million. During the same quarter in the prior year, the firm earned ($0.02) EPS. On average, sell-side analysts anticipate that RF Industries will post -0.12 EPS for the current year.

About RF Industries

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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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