Equities research analysts at StockNews.com began coverage on shares of RF Industries (NASDAQ:RFIL - Get Free Report) in a report issued on Thursday. The firm set a "hold" rating on the electronics maker's stock.
RF Industries Trading Up 0.7 %
RFIL stock traded up $0.04 during trading on Thursday, reaching $5.54. The stock had a trading volume of 56,304 shares, compared to its average volume of 59,194. RF Industries has a 52 week low of $2.86 and a 52 week high of $5.67. The stock's 50 day moving average is $4.23 and its two-hundred day moving average is $4.02. The firm has a market cap of $58.39 million, a PE ratio of -8.79 and a beta of 1.01.
RF Industries (NASDAQ:RFIL - Get Free Report) last released its earnings results on Thursday, January 16th. The electronics maker reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). RF Industries had a negative return on equity of 3.06% and a negative net margin of 10.18%. On average, research analysts anticipate that RF Industries will post 0.11 EPS for the current year.
Institutional Inflows and Outflows
An institutional investor recently raised its position in RF Industries stock. Geode Capital Management LLC boosted its stake in shares of RF Industries, Ltd. (NASDAQ:RFIL - Free Report) by 13.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,846 shares of the electronics maker's stock after acquiring an additional 9,863 shares during the period. Geode Capital Management LLC owned 0.80% of RF Industries worth $342,000 at the end of the most recent quarter. Institutional investors and hedge funds own 23.49% of the company's stock.
RF Industries Company Profile
(
Get Free Report)
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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