Insider Selling: Marvin Fink Unloads 4,000 Shares of RF Industries Ltd Stock (RFIL)
RF Industries Ltd (NASDAQ:RFIL) Director Marvin Fink sold 4,000 shares of the company’s stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of $7.52, for a total value of $30,080.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of RF Industries Ltd (NASDAQ:RFIL) traded up 2.85% during mid-day trading on Wednesday, hitting $7.58. 80,185 shares of the company’s stock traded hands. RF Industries Ltd has a 52 week low of $4.04 and a 52 week high of $7.63. The stock’s 50-day moving average is $6.46 and its 200-day moving average is $6.27. The company has a market cap of $59.5 million and a P/E ratio of 12.84.
RF Industries Ltd (NASDAQ:RFIL) last announced its earnings results on Thursday, September 12th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $9.60 million for the quarter, compared to the consensus estimate of $7.30 million.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Thursday, September 26th.
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.
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