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Rafael (NYSE:RFL) Trading 3.9% Higher - What's Next?

Rafael logo with Medical background

Rafael Holdings, Inc. (NYSE:RFL - Get Free Report)'s stock price traded up 3.9% during trading on Tuesday . The stock traded as high as $2.12 and last traded at $2.11. 57,167 shares traded hands during trading, an increase of 122% from the average session volume of 25,723 shares. The stock had previously closed at $2.03.

Rafael Stock Performance

The stock has a market cap of $52.57 million, a price-to-earnings ratio of -1.78 and a beta of 1.07. The business's 50 day moving average is $1.60 and its 200 day moving average is $1.58.

Institutional Investors Weigh In On Rafael

An institutional investor recently raised its position in Rafael stock. Old West Investment Management LLC boosted its position in shares of Rafael Holdings, Inc. (NYSE:RFL - Free Report) by 102.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 101,732 shares of the company's stock after purchasing an additional 51,365 shares during the quarter. Old West Investment Management LLC owned 0.41% of Rafael worth $146,000 as of its most recent SEC filing. Institutional investors own 11.30% of the company's stock.

Rafael Company Profile

(Get Free Report)

Rafael Holdings, Inc primarily engages in holding interests in clinical and early-stage pharmaceutical companies, and commercial real estate assets in the United States and Israel. It operates in two segments, Healthcare and Real Estate. The company engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells.

See Also

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