RF Industries (NASDAQ:RFIL) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of RF Industries (NASDAQ:RFIL) in a research report sent to investors on Tuesday morning. The brokerage issued a hold rating on the electronics maker’s stock.

RF Industries Trading Down 4.9 %

Shares of NASDAQ RFIL traded down $0.18 during trading hours on Tuesday, reaching $3.46. The stock had a trading volume of 6,125 shares, compared to its average volume of 11,528. The business’s fifty day moving average price is $3.71 and its two-hundred day moving average price is $3.31. The firm has a market cap of $36.32 million, a price-to-earnings ratio of -4.40 and a beta of 1.00. RF Industries has a 52-week low of $2.51 and a 52-week high of $4.65.

RF Industries (NASDAQ:RFIL) last posted its quarterly earnings results on Thursday, June 13th. The electronics maker reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.04. The business had revenue of $16.11 million for the quarter, compared to the consensus estimate of $16.28 million. RF Industries had a negative return on equity of 5.92% and a negative net margin of 13.34%.

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.