SIFCO Industries (NYSE:SIF) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of SIFCO Industries (NYSE:SIF) in a research report sent to investors on Friday morning. The firm issued a buy rating on the stock.

SIFCO Industries Stock Down 1.3 %

SIF opened at $3.92 on Friday. SIFCO Industries has a 52 week low of $2.87 and a 52 week high of $5.96. The business has a 50 day moving average price of $4.46 and a two-hundred day moving average price of $3.66. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.12. The company has a market cap of $24.26 million, a PE ratio of -2.67 and a beta of 1.20.

SIFCO Industries (NYSE:SIF) last issued its quarterly earnings results on Monday, August 12th. The company reported $0.01 earnings per share for the quarter. SIFCO Industries had a negative return on equity of 25.72% and a negative net margin of 7.92%. The firm had revenue of $29.26 million during the quarter.

SIFCO Industries Company Profile

SIFCO Industries, Inc, together with its subsidiaries, produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company’s processes and services include forging, heat-treating, chemical processing, and machining. It also offers original equipment manufacturer and aftermarket components for aircraft and industrial gas turbine engines; steam turbine blades; structural airframe components; aircraft landing gear components; aircraft wheels and brakes; rotating components for helicopters; and commercial/industrial products.