StockNews.com Begins Coverage on SIFCO Industries (NYSE:SIF)

Stock analysts at StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a note issued to investors on Sunday. The firm set a “buy” rating on the stock.

SIFCO Industries Stock Down 1.4 %

Shares of SIF stock opened at $4.81 on Friday. The firm has a fifty day moving average of $3.81 and a 200-day moving average of $3.39. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.12. SIFCO Industries has a 12-month low of $2.82 and a 12-month high of $5.96. The company has a market capitalization of $29.79 million, a price-to-earnings ratio of -3.27 and a beta of 1.20.

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