RF Industries (NASDAQ:RFIL) released its earnings results on Sunday. The electronics maker reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.05, Fidelity Earnings reports. RF Industries had a negative return on equity of 0.42% and a net margin of 10.96%.
NASDAQ:RFIL opened at $8.88 on Tuesday. RF Industries has a 1 year low of $4.11 and a 1 year high of $9.63. The firm has a 50 day moving average of $8.47 and a 200-day moving average of $7.41. The stock has a market capitalization of $88.94 million, a P/E ratio of 19.73 and a beta of 1.10.
In related news, Director Mark Keith Holdsworth acquired 11,930 shares of the company’s stock in a transaction that occurred on Thursday, July 8th. The stock was purchased at an average price of $7.39 per share, for a total transaction of $88,162.70. Following the transaction, the director now directly owns 5,174 shares of the company’s stock, valued at approximately $38,235.86. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Edward Joseph Benoit sold 8,827 shares of the business’s stock in a transaction that occurred on Wednesday, June 23rd. The stock was sold at an average price of $8.00, for a total transaction of $70,616.00. Following the completion of the transaction, the director now owns 53,567 shares of the company’s stock, valued at approximately $428,536. The disclosure for this sale can be found here. Insiders own 10.20% of the company’s stock.
RF Industries Company Profile
RF Industries Ltd. engages in the manufacture and market of interconnect products and systems. It operates through the RF Connector and Cable Assembly; and Custom Cabling Manufacturing and Assembly segments. The RF Connector and Cable Assembly segment designs, manufactures, markets and distributes a broad range of connector and cable products, including coaxial connectors and cable assemblies that are integrated with coaxial connectors, used in telecommunications, information technology, OEM markets, and other end markets.
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