Rafael (NYSEAMERICAN:RFL) Trading 9% Higher

Rafael Holdings Inc (NYSEAMERICAN:RFL) traded up 9% during trading on Thursday . The company traded as high as $23.76 and last traded at $22.58, 108,900 shares were traded during trading. An increase of 93% from the average session volume of 56,420 shares. The stock had previously closed at $20.71.

Rafael (NYSEAMERICAN:RFL) last issued its quarterly earnings results on Monday, December 9th. The company reported ($0.10) EPS for the quarter. The firm had revenue of $1.21 million during the quarter.

Several hedge funds and other institutional investors have recently modified their holdings of RFL. Wells Fargo & Company MN raised its stake in shares of Rafael by 663.8% during the 2nd quarter. Wells Fargo & Company MN now owns 9,990 shares of the company’s stock valued at $287,000 after purchasing an additional 8,682 shares during the period. Bank of Montreal Can raised its stake in shares of Rafael by 342.1% during the 2nd quarter. Bank of Montreal Can now owns 1,008 shares of the company’s stock valued at $29,000 after purchasing an additional 780 shares during the period. Charles Schwab Investment Management Inc. bought a new stake in shares of Rafael during the 2nd quarter valued at $724,000. Bank of New York Mellon Corp raised its stake in shares of Rafael by 245.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 38,949 shares of the company’s stock valued at $1,120,000 after purchasing an additional 27,679 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Rafael by 28.0% during the 2nd quarter. Northern Trust Corp now owns 40,554 shares of the company’s stock valued at $1,166,000 after purchasing an additional 8,861 shares during the period.

Rafael Company Profile (NYSEAMERICAN:RFL)

Rafael Holdings, Inc holds commercial real estate assets. The company, through its subsidiaries, engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells. Rafael Holdings, Inc is headquartered in Newark, New Jersey.

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