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

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a research report released on Sunday morning. The brokerage issued a buy rating on the stock.

SIFCO Industries Trading Down 1.6 %

SIFCO Industries stock opened at $3.60 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.75 and a current ratio of 0.99. The stock has a market cap of $22.21 million, a PE ratio of -2.67 and a beta of 1.19. The stock has a 50-day moving average of $3.68 and a two-hundred day moving average of $3.84. SIFCO Industries has a one year low of $2.87 and a one year high of $5.96.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SIFCO Industries stock. Minerva Advisors LLC lifted its position in SIFCO Industries, Inc. (NYSE:SIF) by 12.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 423,889 shares of the company’s stock after acquiring an additional 45,281 shares during the period. SIFCO Industries accounts for approximately 1.1% of Minerva Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Minerva Advisors LLC owned about 6.86% of SIFCO Industries worth $1,971,000 at the end of the most recent reporting period. 24.20% of the stock is currently owned by institutional investors and hedge funds.

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.