P&F Industries Inc. (NASDAQ:PFIN) major shareholder Lawndale Capital Management Ll purchased 18,033 shares of P&F Industries stock in a transaction that occurred on Wednesday, November 9th. The shares were bought at an average cost of $6.81 per share, with a total value of $122,804.73. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of P&F Industries Inc. (NASDAQ:PFIN) opened at 7.04 on Monday. The stock has a 50 day moving average price of $7.94 and a 200-day moving average price of $8.68. P&F Industries Inc. has a 52-week low of $6.69 and a 52-week high of $11.85. The firm has a market capitalization of $23.22 million, a PE ratio of 3.50 and a beta of 0.42.

P&F Industries (NASDAQ:PFIN) last posted its quarterly earnings data on Friday, August 12th. The company reported ($1.49) earnings per share for the quarter. P&F Industries had a return on equity of 0.44% and a net margin of 11.60%. The business earned $15.64 million during the quarter, compared to the consensus estimate of $16.06 million.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 8th. Investors of record on Friday, October 28th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date was Wednesday, October 26th. P&F Industries’s payout ratio is 10.87%.

Separately, TheStreet cut P&F Industries from a “buy” rating to a “hold” rating in a research report on Friday, August 12th.

About P&F Industries

P&F Industries, Inc conducts business through its subsidiaries. The Company operates through two segments: tools and other products (Tools), and hardware and accessories (Hardware). It conducts Tools business through a subsidiary, Continental Tool Group, Inc (Continental), which in turn operates through its subsidiaries, Florida Pneumatic Manufacturing Corporation (Florida Pneumatic) and Hy-Tech Machine, Inc (Hy-Tech).

5 Day Chart for NASDAQ:PFIN

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