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RF Industries Ltd. (RFIL) Has Jumped To A New High On Q1 Results

RF Industries Ltd. (RFIL) reported first quarter EPS of $0.05 after the bell Tuesday, compared to the loss of $0.02 a year ago. Revenues climbed to $10.3 million from $6.6 million last year.

RF Industries gapped open sharply higher Wednesday morning and is now up 1.85 at $5.30 on the highest volume of the year. The stock has broken out of a month and a half long trading range and has set a new high for the year.

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