Rafael (NYSE:RFL) Shares Down 1.2%

Rafael Holdings, Inc. (NYSE:RFLGet Free Report) shares were down 1.2% during mid-day trading on Tuesday . The company traded as low as $1.66 and last traded at $1.66. Approximately 44,218 shares traded hands during trading, an increase of 63% from the average daily volume of 27,147 shares. The stock had previously closed at $1.68.

Rafael Price Performance

The firm has a market capitalization of $40.69 million, a P/E ratio of -5.72 and a beta of 1.31. The stock has a fifty day simple moving average of $1.79 and a two-hundred day simple moving average of $1.85.

Rafael (NYSE:RFLGet Free Report) last issued its earnings results on Thursday, December 14th. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $0.07 million during the quarter. Rafael had a negative return on equity of 5.48% and a negative net margin of 2,585.56%.

Hedge Funds Weigh In On Rafael

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Rafael by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 574,647 shares of the company’s stock worth $1,052,000 after buying an additional 11,419 shares in the last quarter. Renaissance Technologies LLC grew its stake in Rafael by 927.9% in the 1st quarter. Renaissance Technologies LLC now owns 379,631 shares of the company’s stock valued at $953,000 after purchasing an additional 342,700 shares during the period. Acuitas Investments LLC grew its stake in Rafael by 38.1% in the 4th quarter. Acuitas Investments LLC now owns 322,372 shares of the company’s stock valued at $590,000 after purchasing an additional 88,940 shares during the period. Geode Capital Management LLC grew its stake in Rafael by 31.1% in the 2nd quarter. Geode Capital Management LLC now owns 121,071 shares of the company’s stock valued at $253,000 after purchasing an additional 28,717 shares during the period. Finally, Millennium Management LLC grew its stake in Rafael by 49.1% in the 4th quarter. Millennium Management LLC now owns 76,378 shares of the company’s stock valued at $143,000 after purchasing an additional 25,148 shares during the period. 16.87% of the stock is owned by institutional investors and hedge funds.

Rafael Company Profile

(Get Free Report)

Rafael Holdings, Inc primarily engages in holding interests in clinical and early-stage pharmaceutical companies, and commercial real estate assets in the United States and Israel. It operates in two segments, Healthcare and Real Estate. The company engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells.

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