RF Industries (NASDAQ:RFIL) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

RF Industries (NASDAQ:RFIL) announced its quarterly earnings data on Monday. The electronics maker reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01), Zacks reports. RF Industries had a negative return on equity of 3.06% and a negative net margin of 10.18%.

RF Industries Trading Up 4.1 %

NASDAQ:RFIL traded up $0.16 during trading hours on Monday, hitting $4.05. The stock had a trading volume of 42,553 shares, compared to its average volume of 19,407. RF Industries has a 1-year low of $2.86 and a 1-year high of $5.77. The business has a 50 day simple moving average of $4.58 and a two-hundred day simple moving average of $4.19. The company has a market cap of $42.70 million, a PE ratio of -6.43 and a beta of 1.09.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of RF Industries in a research report on Monday, March 10th. They set 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.