SIFCO Industries (NYSE:SIF) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a research note released on Saturday. The firm issued a buy rating on the stock.

SIFCO Industries Trading Down 3.1 %

SIF stock opened at $4.63 on Friday. SIFCO Industries has a 1-year low of $2.82 and a 1-year high of $5.96. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.99 and a quick ratio of 0.75. The company has a market capitalization of $28.61 million, a price-to-earnings ratio of -3.15 and a beta of 1.20. The business has a 50 day simple moving average of $3.64 and a two-hundred day simple moving average of $3.33.

SIFCO Industries (NYSE:SIF) last posted 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 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.