RF Industries, Ltd. (NASDAQ:RFIL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.09 and traded as high as $7.34. RF Industries shares last traded at $7.23, with a volume of 113,863 shares changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded RF Industries to a "strong-buy" rating in a report on Friday, July 18th.
View Our Latest Analysis on RF Industries
RF Industries Trading Down 1.0%
The firm has a market cap of $76.47 million, a P/E ratio of -55.08 and a beta of 0.82. The business's fifty day simple moving average is $6.55 and its 200-day simple moving average is $5.13.
Institutional Investors Weigh In On RF Industries
Institutional investors have recently made changes to their positions in the company. Heron Bay Capital Management acquired a new stake in RF Industries during the 2nd quarter worth about $67,000. Goldman Sachs Group Inc. purchased a new position in RF Industries in the 1st quarter valued at about $56,000. Wealthedge Investment Advisors LLC purchased a new stake in shares of RF Industries during the fourth quarter worth $84,000. Bailard Inc. purchased a new stake in RF Industries in the 1st quarter valued at $126,000. Finally, Dimensional Fund Advisors LP boosted its stake in RF Industries by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 231,733 shares of the electronics maker's stock worth $906,000 after buying an additional 2,062 shares during the period. Institutional investors own 23.49% of the company's stock.
About RF Industries
(
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.
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