RF Industries Ltd. (NASDAQ:RFIL) was downgraded by investment analysts 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% during trading on Monday, reaching $1.76. 60,829 shares of the company traded hands. RF Industries has a 1-year low of $1.70 and a 1-year high of $4.61. The company’s market capitalization is $15.55 million. The stock’s 50 day moving average is $2.20 and its 200 day moving average is $2.44.

RF Industries (NASDAQ:RFIL) last released its earnings results on Friday, September 9th. The company reported ($0.08) earnings per share for the quarter. RF Industries had a negative net margin of 2.53% and a negative return on equity of 2.04%. On average, analysts forecast that RF Industries will post $0.20 EPS for the current year.

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

About RF Industries

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