SIFCO Industries (NYSE:SIF) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of SIFCO Industries (NYSE:SIF) in a research report issued to clients and investors on Friday. The brokerage set a “buy” rating on the stock.

SIFCO Industries Price Performance

NYSE SIF opened at $4.00 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.75 and a debt-to-equity ratio of 0.12. SIFCO Industries has a 1 year low of $2.87 and a 1 year high of $5.96. The company has a market cap of $24.69 million, a PE ratio of -2.96 and a beta of 1.20. The stock’s 50-day moving average price is $4.45 and its two-hundred day moving average price is $3.65.

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