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

Equities researchers at StockNews.com assumed coverage on shares of SIFCO Industries (NYSE:SIF) in a report issued on Friday. The brokerage set a “buy” rating on the stock.

SIFCO Industries Price Performance

Shares of NYSE SIF opened at $3.10 on Friday. The company has a market capitalization of $19.19 million, a P/E ratio of -2.11 and a beta of 1.16. SIFCO Industries has a 52-week low of $2.34 and a 52-week high of $4.95. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 0.98. The company’s 50 day moving average price is $3.21 and its 200-day moving average price is $3.28.

SIFCO Industries (NYSE:SIF) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.26) earnings per share (EPS) for the quarter. The firm had revenue of $26.54 million during the quarter. SIFCO Industries had a negative return on equity of 26.65% and a negative net margin of 9.30%.

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.