Investment analysts at StockNews.com initiated coverage on shares of RF Industries (NASDAQ:RFIL – Get Free Report) in a report issued on Monday. The firm set a “hold” rating on the electronics maker’s stock.
RF Industries Trading Down 1.5 %
Shares of NASDAQ:RFIL opened at $4.07 on Monday. The company has a 50 day moving average of $3.63 and a 200 day moving average of $3.28. RF Industries has a 12 month low of $2.51 and a 12 month high of $4.65. The stock has a market cap of $42.74 million, a P/E ratio of -5.22 and a beta of 1.00.
RF Industries (NASDAQ:RFIL – Get Free Report) last announced its earnings results on Thursday, June 13th. The electronics maker reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04. RF Industries had a negative net margin of 13.34% and a negative return on equity of 5.92%. The business had revenue of $16.11 million during the quarter, compared to analyst estimates of $16.28 million.
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.
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