StockNews.com Begins Coverage on RF Industries (NASDAQ:RFIL)

Equities research analysts at StockNews.com started coverage on shares of RF Industries (NASDAQ:RFIL) in a report released on Friday. The firm set a “hold” rating on the electronics maker’s stock.

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

RF Industries Trading Up 1.0 %

NASDAQ RFIL opened at $3.01 on Friday. The company has a quick ratio of 1.32, a current ratio of 2.91 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $31.59 million, a P/E ratio of -9.71 and a beta of 0.93. RF Industries has a 52-week low of $2.51 and a 52-week high of $5.08. The firm has a 50-day moving average price of $3.06 and a 200 day moving average price of $2.98.

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

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.