Somewhat Positive Media Coverage Very Likely to Impact RF Industries (RFIL) Share Price
Media coverage about RF Industries (NASDAQ:RFIL) has trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. RF Industries earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the electronics maker an impact score of 86 out of 100, meaning that recent media coverage is very likely to have an impact on the company’s share price in the immediate future.
RF Industries (RFIL) traded down 2.63% during trading on Friday, reaching $1.85. The company’s stock had a trading volume of 7,127 shares. The stock’s 50-day moving average is $1.68 and its 200 day moving average is $1.62. The firm’s market capitalization is $16.34 million. RF Industries has a 52-week low of $1.40 and a 52-week high of $2.45.
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend was Wednesday, June 28th. RF Industries’s dividend payout ratio is -19.05%.
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RF Industries Company Profile
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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