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

Analysts at StockNews.com began coverage on shares of RF Industries (NASDAQ:RFIL – Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the electronics maker’s stock.

RF Industries Stock Performance

Shares of NASDAQ RFIL opened at $3.54 on Tuesday. RF Industries has a 1 year low of $2.51 and a 1 year high of $4.65. The company’s fifty day moving average price is $3.67 and its 200 day moving average price is $3.30. The company has a market capitalization of $36.67 million, a PE ratio of -4.54 and a beta of 1.00.

RF Industries (NASDAQ:RFIL – Get Free Report) last announced its quarterly earnings results on Thursday, June 13th. The electronics maker reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.04. RF Industries had a negative return on equity of 5.92% and a negative net margin of 13.34%. The firm had revenue of $16.11 million during the quarter, compared to analyst estimates of $16.28 million.

About RF Industries

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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.