Equities research analysts at StockNews.com assumed coverage on shares of RF Industries (NASDAQ:RFIL – Get Free Report) in a report released on Tuesday. The firm set a “hold” rating on the electronics maker’s stock.
RF Industries Price Performance
Shares of RF Industries stock opened at $3.74 on Tuesday. RF Industries has a 1 year low of $2.51 and a 1 year high of $4.65. The business has a 50-day moving average of $3.69 and a two-hundred day moving average of $3.31. The company has a market capitalization of $39.26 million, a P/E ratio of -4.79 and a beta of 1.00.
RF Industries (NASDAQ:RFIL – Get Free Report) last announced its quarterly earnings results on Thursday, June 13th. The electronics maker reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.04. RF Industries had a negative return on equity of 5.92% and a negative net margin of 13.34%. The company had revenue of $16.11 million during the quarter, compared to the consensus estimate of $16.28 million.
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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