P & F Industries(NASDAQ:PFIN) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 27, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-0.15.
P & F Industries (PFIN) shares turned negative on Fridays trading session with the shares closing down -0.3 points or -3.64% at a volume of 380. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $8. The peak price level was also seen at $8 while the days lowest was $7.95. Finally the shares closed at $7.95. The 52-week high of the shares is $10.378 while the 52-week low is $6.69. According to the latest information available, the market cap of the company is $29 M.
Several Insider Transactions has been reported to the SEC. On Nov 9, 2016, A Partners, L.p. Diamond (10% owner) purchased 16,333 shares at $6.81 per share price.Also, On Nov 9, 2016, Capital Management Ll Lawndale (10% owner) purchased 18,033 shares at $6.81 per share price.On Feb 22, 2016, Richard A Horowitz (director officer 10% owner (Principal Executive O) purchased 2,634 shares at $9.49 per share price, according to the Form-4 filing with the securities and exchange commission.
P&F Industries Inc. (P&F) through its two wholly owned subsidiaries Continental Tool Group Inc. and Countrywide Hardware Inc. manufactures and imports air-powered tools sold principally to the industrial retail and automotive markets and various residential hardware such as fencing hardware and door and window hardware primarily to the housing industry. The Company operates in two segments: tools and other products (Tools) and hardware and accessories (Hardware). The Tools segment offers pneumatic tools. The Hardware segment offers fencing hardware patio products and door and window accessories. It offers pneumatic hand tools under the Florida Pneumatic Universal Tool AIRCAT or NITROCAT names as well as under the trade names or trademarks of private label customers. It offers high pressure stoppers for hydrostatic testing of fabricated pipe under the Thaxton brand name a line of siphons under the Eureka name and a line of sockets sold under the OZAT brand name.