StockNews.com assumed coverage on shares of SIFCO Industries (NYSE:SIF – Get Free Report) in a note issued to investors on Friday. The brokerage set a “buy” rating on the stock.
SIFCO Industries Stock Performance
SIF opened at $4.44 on Friday. SIFCO Industries has a 52-week low of $2.82 and a 52-week high of $4.95. The firm has a market capitalization of $27.48 million, a PE ratio of -3.02 and a beta of 1.16. 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 business’s 50-day simple moving average is $3.39 and its 200 day simple moving average is $3.25.
SIFCO Industries (NYSE:SIF – Get Free Report) last released its earnings results on Monday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter. SIFCO Industries had a negative return on equity of 25.72% and a negative net margin of 7.92%. The business had revenue of $29.26 million for the quarter.
About SIFCO Industries
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.
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