P&F Industries, Inc. (NASDAQ:PFIN – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.11 and traded as high as $6.63. P&F Industries shares last traded at $6.63, with a volume of 289 shares.
P&F Industries Price Performance
The stock’s fifty day moving average price is $6.90 and its 200 day moving average price is $6.11. The stock has a market capitalization of $21.18 million, a P/E ratio of 23.68 and a beta of 0.55.
P&F Industries (NASDAQ:PFIN – Get Free Report) last posted its quarterly earnings results on Thursday, August 10th. The company reported $0.07 EPS for the quarter. P&F Industries had a net margin of 1.59% and a return on equity of 2.22%. The firm had revenue of $16.16 million for the quarter.
P&F Industries Dividend Announcement
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Blair William & Co. IL bought a new position in P&F Industries during the 1st quarter worth about $66,000. Perritt Capital Management Inc. lifted its position in shares of P&F Industries by 26.1% during the second quarter. Perritt Capital Management Inc. now owns 25,000 shares of the company’s stock valued at $156,000 after buying an additional 5,180 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of P&F Industries by 3.7% during the third quarter. Dimensional Fund Advisors LP now owns 52,766 shares of the company’s stock valued at $281,000 after buying an additional 1,882 shares during the last quarter. 4.88% of the stock is currently owned by institutional investors.
About P&F Industries
P&F Industries, Inc, through its subsidiaries, designs, imports, manufactures, and sells pneumatic hand tools primarily to the retail, industrial, automotive, and aerospace markets primarily in the United States. The company provides sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, Jiffy Air Tool, AIRCAT, and NITROCAT names, as well as under private label trade names through in-house sales personnel and manufacturers' representatives to retailers, distributors, manufacturers, and private label customers.
- Five stocks we like better than P&F Industries
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Ray Dalio’s Move into 3 Stocks, All Betting on One Thing
- What is the S&P/TSX Index?
- Airbnb Joins the S&P 500, Time to Buy In?
- Want to Profit on the Downtrend? Downtrends, Explained.
- Does Dell Technologies Blowout Quarter Mean a New Demand Cycle?
Receive News & Ratings for P&F Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for P&F Industries and related companies with MarketBeat.com's FREE daily email newsletter.