RF Industries, Ltd. (RFIL) Insider Purchases $12,250.00 in Stock

RF Industries, Ltd. (NASDAQ:RFIL) insider Robert D. Dawson purchased 5,000 shares of RF Industries stock in a transaction dated Friday, October 13th. The shares were purchased at an average cost of $2.45 per share, with a total value of $12,250.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of RF Industries, Ltd. (NASDAQ RFIL) opened at 2.40 on Thursday. The firm’s market cap is $21.24 million. The company has a 50-day moving average of $2.18 and a 200 day moving average of $1.83. RF Industries, Ltd. has a 12-month low of $1.40 and a 12-month high of $2.65.

RF Industries (NASDAQ:RFIL) last announced its earnings results on Tuesday, September 12th. The electronics maker reported $0.02 earnings per share for the quarter. RF Industries had a negative return on equity of 5.79% and a negative net margin of 9.78%. The company had revenue of $7.81 million during the quarter. Equities analysts predict that RF Industries, Ltd. will post $0.20 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Sunday, October 15th. Stockholders of record on Saturday, September 30th were paid a $0.02 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.33%. RF Industries’s dividend payout ratio (DPR) is presently -24.24%.

ILLEGAL ACTIVITY NOTICE: “RF Industries, Ltd. (RFIL) Insider Purchases $12,250.00 in Stock” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece can be read at https://ledgergazette.com/2017/10/19/rf-industries-ltd-rfil-insider-purchases-12250-00-in-stock.html.

An institutional investor recently raised its position in RF Industries stock. GRT Capital Partners L.L.C. grew its holdings in RF Industries, Ltd. (NASDAQ:RFIL) by 33.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 187,612 shares of the electronics maker’s stock after buying an additional 47,500 shares during the quarter. GRT Capital Partners L.L.C. owned approximately 2.12% of RF Industries worth $339,000 at the end of the most recent reporting period. Institutional investors own 22.19% of the company’s stock.

Separately, TheStreet raised shares of RF Industries from a “d+” rating to a “c” rating in a report on Friday, October 6th.

RF Industries Company Profile

RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).

NASDAQ RFIL) opened at 2.40 on Thursday. The firm’s market cap is $21.24 million. The company has a 50-day moving average of $2.18 and a 200 day moving average of $1.83. RF Industries, Ltd. has a 12-month low of $1.40 and a 12-month high of $2.65.

RF Industries (NASDAQ:RFIL) last announced its earnings results on Tuesday, September 12th. The electronics maker reported $0.02 earnings per share for the quarter. RF Industries had a negative return on equity of 5.79% and a negative net margin of 9.78%. The company had revenue of $7.81 million during the quarter. Equities analysts predict that RF Industries, Ltd. will post $0.20 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Sunday, October 15th. Stockholders of record on Saturday, September 30th were paid a $0.02 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.33%. RF Industries’s dividend payout ratio (DPR) is presently -24.24%.

ILLEGAL ACTIVITY NOTICE: “RF Industries, Ltd. (RFIL) Insider Purchases $12,250.00 in Stock” was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece can be read at https://ledgergazette.com/2017/10/19/rf-industries-ltd-rfil-insider-purchases-12250-00-in-stock.html.

An institutional investor recently raised its position in RF Industries stock. GRT Capital Partners L.L.C. grew its holdings in RF Industries, Ltd. (NASDAQ:RFIL) by 33.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 187,612 shares of the electronics maker’s stock after buying an additional 47,500 shares during the quarter. GRT Capital Partners L.L.C. owned approximately 2.12% of RF Industries worth $339,000 at the end of the most recent reporting period. Institutional investors own 22.19% of the company’s stock.

Separately, TheStreet raised shares of RF Industries from a “d+” rating to a “c” rating in a report on Friday, October 6th.

RF Industries Company Profile

RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).

Insider Buying and Selling by Quarter for RF Industries (NASDAQ:RFIL)

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