RF Industries Ltd. (NASDAQ:RFIL) was downgraded by equities researchers at TheStreet from a “hold” rating to a “sell” rating in a report issued on Monday.

Shares of RF Industries (NASDAQ:RFIL) traded up 0.57% on Monday, reaching $1.76. 60,829 shares of the company traded hands. The firm’s 50 day moving average is $2.20 and its 200 day moving average is $2.44. The company’s market capitalization is $15.55 million. RF Industries has a one year low of $1.70 and a one year high of $4.61.

RF Industries (NASDAQ:RFIL) last posted its quarterly earnings data on Friday, September 9th. The company reported ($0.08) earnings per share for the quarter. RF Industries had a negative return on equity of 2.04% and a negative net margin of 2.53%. Analysts expect that RF Industries will post $0.20 earnings per share for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 15th. Shareholders of record on Friday, September 30th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 4.55%. The ex-dividend date of this dividend is Wednesday, September 28th. RF Industries’s payout ratio is -88.89%.

RF Industries Company Profile

5 Day Chart for NASDAQ:RFIL

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