Peapod Lane Capital LLC Takes $553,000 Position in Rafael Holdings, Inc. (NYSE:RFL)

Peapod Lane Capital LLC bought a new position in Rafael Holdings, Inc. (NYSE:RFL) in the 4th quarter, HoldingsChannel reports. The fund bought 335,219 shares of the company’s stock, valued at approximately $553,000.

Separately, Geode Capital Management LLC raised its holdings in shares of Rafael by 24.8% during the third quarter. Geode Capital Management LLC now owns 148,068 shares of the company’s stock worth $287,000 after acquiring an additional 29,448 shares in the last quarter. 11.30% of the stock is currently owned by institutional investors and hedge funds.

Rafael Stock Down 1.9 %

Shares of RFL stock opened at $2.07 on Thursday. Rafael Holdings, Inc. has a fifty-two week low of $1.29 and a fifty-two week high of $2.50. The stock’s 50-day moving average is $1.92 and its two-hundred day moving average is $1.81.

Rafael (NYSE:RFL) last posted its earnings results on Wednesday, December 11th. The company reported ($0.37) EPS for the quarter. Rafael had a negative return on equity of 53.71% and a negative net margin of 5,707.03%.

Rafael Profile

Rafael Holdings, Inc primarily engages in holding interests in clinical and early-stage pharmaceutical companies, and commercial real estate assets in the United States and Israel. It operates in two segments, Healthcare and Real Estate. The company engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells.