RF Industries (NASDAQ:RFIL – Get Free Report) issued its quarterly earnings results on Monday. The electronics maker reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01), Zacks reports. RF Industries had a negative net margin of 10.18% and a negative return on equity of 3.06%.
RF Industries Price Performance
Shares of NASDAQ:RFIL traded up $0.16 during trading on Monday, hitting $4.05. 42,553 shares of the company were exchanged, compared to its average volume of 19,407. RF Industries has a 52-week low of $2.86 and a 52-week high of $5.77. The stock has a 50 day moving average of $4.58 and a 200 day moving average of $4.19. The company has a market cap of $42.70 million, a PE ratio of -6.43 and a beta of 1.09.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of RF Industries in a report on Monday, March 10th. They set a “hold” rating on the stock.
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.
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