RF Industries, Ltd. (NASDAQ:RFIL - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.27 and traded as high as $7.13. RF Industries shares last traded at $6.35, with a volume of 298,198 shares trading hands.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on RFIL. Zacks Research lowered RF Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Wall Street Zen upgraded RF Industries to a "strong-buy" rating in a research report on Friday, July 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, RF Industries presently has an average rating of "Moderate Buy" and an average price target of $4.50.
Read Our Latest Stock Analysis on RFIL
RF Industries Stock Performance
The firm has a market cap of $75.08 million, a P/E ratio of -54.08 and a beta of 0.88. The firm has a fifty day moving average of $7.20 and a 200-day moving average of $5.29.
Institutional Trading of RF Industries
Several hedge funds have recently added to or reduced their stakes in RFIL. Dimensional Fund Advisors LP raised its stake in RF Industries by 0.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 231,733 shares of the electronics maker's stock valued at $906,000 after acquiring an additional 2,062 shares in the last quarter. Wealthedge Investment Advisors LLC bought a new stake in RF Industries during the 4th quarter valued at $84,000. Bailard Inc. bought a new stake in RF Industries during the 1st quarter valued at $126,000. Goldman Sachs Group Inc. bought a new stake in RF Industries during the 1st quarter valued at $56,000. Finally, Heron Bay Capital Management bought a new stake in RF Industries during the 2nd quarter valued at $67,000. Institutional investors own 23.49% of the company's stock.
RF Industries Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider RF Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RF Industries wasn't on the list.
While RF Industries currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
