Somewhat Positive Media Coverage Somewhat Unlikely to Affect RF Industries (RFIL) Share Price
Media stories about RF Industries (NASDAQ:RFIL) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. RF Industries earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the electronics maker an impact score of 45.3123846664274 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Separately, TheStreet upgraded shares of RF Industries from a “d+” rating to a “c” rating in a research report on Friday, October 6th.
RF Industries (RFIL) traded up 2.157% during mid-day trading on Friday, hitting $2.605. 18,713 shares of the stock traded hands. The firm’s market cap is $23.06 million. RF Industries has a 12-month low of $1.40 and a 12-month high of $2.65. The stock has a 50 day moving average price of $2.20 and a 200 day moving average price of $1.83.
RF Industries (NASDAQ:RFIL) last released its earnings results on Tuesday, September 12th. The electronics maker reported $0.02 EPS for the quarter. RF Industries had a negative net margin of 9.78% and a negative return on equity of 5.79%. The business had revenue of $7.81 million for the quarter. On average, analysts expect that RF Industries will post $0.20 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Sunday, October 15th. Investors of record on Saturday, September 30th were issued a $0.02 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.14%. RF Industries’s payout ratio is currently -24.24%.
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About RF Industries
RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).
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