Stock Rating Upgrade
The Value Trend Rating for RF Industries Ltd (NASDAQ: RFIL) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/20/24, RF Industries Ltd (NASDAQ: RFIL) stock declined slightly by -0.8%, closing at $3.66. NORMAL trading volume accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -13.5% during the last week.
Current PriceTarget Research Rating
RF Industries has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. RF Industries has a slightly negative Appreciation Score of 39 but a very high Power Rating of 88, resulting in the Positive Value Trend Rating.
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