Rafael (NYSEAMERICAN:RFL) Stock Price Up 9.9%

Rafael Holdings Inc (NYSEAMERICAN:RFL)’s share price rose 9.9% during mid-day trading on Wednesday . The stock traded as high as $20.36 and last traded at $20.36, approximately 6,935 shares were traded during trading. A decline of 84% from the average daily volume of 43,044 shares. The stock had previously closed at $18.53.

Rafael (NYSEAMERICAN:RFL) last issued its quarterly earnings results on Monday, December 9th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $1.21 million during the quarter.

A number of hedge funds have recently bought and sold shares of RFL. State Street Corp increased its position in shares of Rafael by 18.5% in the third quarter. State Street Corp now owns 163,077 shares of the company’s stock worth $3,418,000 after acquiring an additional 25,483 shares in the last quarter. Kahn Brothers Group Inc. DE lifted its holdings in shares of Rafael by 0.6% during the 3rd quarter. Kahn Brothers Group Inc. DE now owns 434,660 shares of the company’s stock valued at $9,110,000 after acquiring an additional 2,739 shares in the last quarter. Rhumbline Advisers boosted its position in Rafael by 9.8% during the 3rd quarter. Rhumbline Advisers now owns 15,622 shares of the company’s stock worth $327,000 after purchasing an additional 1,391 shares during the period. Susquehanna International Group LLP boosted its position in Rafael by 7.7% during the 2nd quarter. Susquehanna International Group LLP now owns 32,671 shares of the company’s stock worth $939,000 after purchasing an additional 2,331 shares during the period. Finally, Price T Rowe Associates Inc. MD purchased a new stake in Rafael during the 2nd quarter worth $218,000.

Rafael Company Profile (NYSEAMERICAN:RFL)

Rafael Holdings, Inc holds commercial real estate assets. The company, through its subsidiaries, engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells. Rafael Holdings, Inc is headquartered in Newark, New Jersey.

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