P & F Industries, Inc. (NASDAQ:PFIN) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 6,100 shares, a decrease of 23.8% from the December 15th total of 8,000 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 3.4 days. Approximately 0.4% of the company’s shares are short sold.
Shares of NASDAQ PFIN traded up $0.11 during midday trading on Tuesday, reaching $6.88. 4,500 shares of the company’s stock traded hands, compared to its average volume of 2,614. The company has a quick ratio of 1.23, a current ratio of 3.65 and a debt-to-equity ratio of 0.03. The stock’s 50 day simple moving average is $6.84 and its 200-day simple moving average is $7.07. P & F Industries has a one year low of $5.40 and a one year high of $9.00. The company has a market cap of $21.31 million, a price-to-earnings ratio of 3.92 and a beta of 0.17.
P & F Industries (NASDAQ:PFIN) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.04 earnings per share (EPS) for the quarter. P & F Industries had a net margin of 9.68% and a return on equity of 12.58%. The firm had revenue of $14.78 million for the quarter.
About P & F Industries
P&F Industries, Inc, through its subsidiaries, manufactures, imports, and sells air-powered tools and accessories primarily to the retail, industrial, and automotive markets in the United States and internationally. The company designs, imports, and sells pneumatic hand tools, including sanders, grinders, drills, saws, and impact wrenches under the Florida Pneumatic, Universal Tool, AIRCAT, and NITROCAT names through in-house sales personnel and manufacturers' representatives to retailers, distributors, and private label customers.
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