RF Industries (NASDAQ:RFIL – Get Free Report) announced its quarterly earnings data on Thursday. The electronics maker reported $0.02 EPS for the quarter, missing the consensus estimate 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 NASDAQ:RFIL opened at $4.15 on Friday. The stock has a fifty day simple moving average of $4.00 and a two-hundred day simple moving average of $3.95. RF Industries has a 12-month low of $2.84 and a 12-month high of $4.65. The stock has a market capitalization of $43.53 million, a price-to-earnings ratio of -6.01 and a beta of 0.99.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of 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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