Somewhat Favorable Press Coverage Somewhat Unlikely to Affect RF Industries (RFIL) Stock Price

Media coverage about RF Industries (NASDAQ:RFIL) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RF Industries earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media stories about the electronics maker an impact score of 45.7791576675584 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

RF Industries (NASDAQ RFIL) remained flat at $2.45 during midday trading on Wednesday. The stock had a trading volume of 18,292 shares. The stock’s 50-day moving average price is $2.37 and its 200-day moving average price is $1.90. RF Industries has a 52 week low of $1.40 and a 52 week high of $2.85. The firm’s market cap is $21.69 million.

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

The company also recently announced a quarterly dividend, which was paid on Sunday, October 15th. Shareholders of record on Saturday, September 30th were issued a $0.02 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.08 dividend on an annualized basis and a yield of 3.27%. RF Industries’s dividend payout ratio is presently -24.24%.

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

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About RF Industries

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).

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