RF Industries (NASDAQ:RFIL) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of RF Industries (NASDAQ:RFIL) in a report published on Thursday. The firm issued a hold rating on the electronics maker’s stock.

Separately, B. Riley reduced their price target on shares of RF Industries from $4.25 to $4.00 and set a buy rating on the stock in a research report on Wednesday, March 20th.

RF Industries Stock Up 1.7 %

RFIL opened at $2.95 on Thursday. The company has a market capitalization of $30.98 million, a PE ratio of -9.52 and a beta of 0.93. The firm has a 50-day simple moving average of $3.08 and a two-hundred day simple moving average of $2.98. The company has a quick ratio of 1.32, a current ratio of 2.91 and a debt-to-equity ratio of 0.26. RF Industries has a 52 week low of $2.51 and a 52 week high of $5.08.

RF Industries (NASDAQ:RFIL) last posted its earnings results on Monday, March 18th. The electronics maker reported ($0.06) EPS for the quarter, hitting analysts’ consensus estimates of ($0.06). RF Industries had a negative return on equity of 2.63% and a negative net margin of 4.87%. The company had revenue of $13.46 million for the quarter, compared to the consensus estimate of $14.49 million. During the same period in the previous year, the business earned ($0.02) earnings per share. Analysts forecast that RF Industries will post -0.12 earnings per share for the current fiscal year.

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.