RF Industries (NASDAQ:RFIL – Get Free Report) released its 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 Price Performance
Shares of RFIL traded up $0.45 during midday trading on Thursday, hitting $4.56. The stock had a trading volume of 127,045 shares, compared to its average volume of 19,537. The firm has a market cap of $47.83 million, a price-to-earnings ratio of -6.61 and a beta of 0.99. The company has a 50 day simple moving average of $4.00 and a two-hundred day simple moving average of $3.94. RF Industries has a twelve month low of $2.84 and a twelve month high of $4.65.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on RF Industries in a report on Monday. They issued a “hold” rating for the company.
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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