P & F Industries Surges Almost 40% On Better Than Expected Results (PFIN)

Shares of P & F Industries PFIN have surged on Thursday morning after the company reported better than expected financial results yesterday after the closing bell. The company reported income after taxes of $632,000 compared to $56,000 in the year ago period. PFIN shares have jumped 38.12% to $2.79 on the news.