StockNews.com began coverage on shares of RF Industries (NASDAQ:RFIL – Free Report) in a research report released on Monday morning. The brokerage issued a hold rating on the electronics maker’s stock.
RF Industries Price Performance
Shares of RFIL opened at $3.94 on Monday. The stock has a market capitalization of $41.35 million, a price-to-earnings ratio of -5.05 and a beta of 1.00. RF Industries has a 1 year low of $2.51 and a 1 year high of $4.65. The business’s 50 day simple moving average is $3.66 and its 200-day simple moving average is $3.29.
RF Industries (NASDAQ:RFIL – Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $16.11 million for the quarter, compared to analysts’ expectations of $16.28 million. RF Industries had a negative return on equity of 5.92% and a negative net margin of 13.34%.
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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