RF Industries (NASDAQ:RFIL) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of RF Industries (NASDAQ:RFIL) in a research note published on Thursday morning. The firm issued a hold rating on the electronics maker’s stock.

Separately, B. Riley cut their target price on RF Industries from $4.25 to $4.00 and set a buy rating on the stock in a research note on Wednesday, March 20th.

RF Industries Stock Up 1.7 %

Shares of NASDAQ RFIL opened at $2.95 on Thursday. RF Industries has a 1 year low of $2.51 and a 1 year high of $5.08. The firm’s 50-day moving average is $3.08 and its 200-day moving average is $2.98. The company has a current ratio of 2.91, a quick ratio of 1.32 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $30.98 million, a PE ratio of -9.52 and a beta of 0.93.

RF Industries (NASDAQ:RFIL) last announced its quarterly earnings data on Monday, March 18th. The electronics maker reported ($0.06) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.06). The firm had revenue of $13.46 million for the quarter, compared to analysts’ expectations of $14.49 million. RF Industries had a negative net margin of 4.87% and a negative return on equity of 2.63%. During the same period last year, the firm earned ($0.02) earnings per share. Equities analysts expect that RF Industries will post -0.12 EPS for the current year.

About RF Industries

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.