RF Industries (NASDAQ:RFIL – Get Free Report) posted its quarterly earnings results on Monday. The electronics maker reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01), Zacks reports. RF Industries had a negative return on equity of 3.06% and a negative net margin of 10.18%.
RF Industries Stock Performance
NASDAQ RFIL traded up $0.16 during trading hours on Monday, reaching $4.05. The company’s stock had a trading volume of 42,553 shares, compared to its average volume of 19,407. The stock has a market cap of $42.70 million, a PE ratio of -6.43 and a beta of 1.09. The company’s 50-day moving average is $4.58 and its two-hundred day moving average is $4.19. RF Industries has a fifty-two week low of $2.86 and a fifty-two week high of $5.77.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of RF Industries in a research note on Monday, March 10th. They issued a “hold” rating on the stock.
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.
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