RF Industries (NASDAQ:RFIL – Get Free Report) announced its quarterly earnings results on Thursday. The electronics maker reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02), Zacks reports. RF Industries had a negative net margin of 11.58% and a negative return on equity of 4.28%.
RF Industries Trading Down 9.0 %
Shares of RFIL opened at $4.15 on Friday. RF Industries has a 1-year low of $2.84 and a 1-year high of $4.65. The firm’s 50-day moving average price is $4.00 and its 200-day moving average price is $3.95. The firm has a market capitalization of $43.53 million, a price-to-earnings ratio of -6.01 and a beta of 0.99.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on RF Industries in a research note on Monday, January 13th. They set 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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