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

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a research note issued to investors on Monday. The brokerage set a “buy” rating on the stock.

SIFCO Industries Stock Performance

Shares of SIF stock opened at $4.65 on Monday. The stock’s 50-day moving average is $4.02 and its two-hundred day moving average is $3.47. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.75 and a current ratio of 0.99. SIFCO Industries has a 1 year low of $2.85 and a 1 year high of $5.96. The firm has a market cap of $28.78 million, a price-to-earnings ratio of -3.16 and a beta of 1.20.

SIFCO Industries (NYSE:SIF) last released its quarterly earnings results on Monday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $29.26 million for the quarter. SIFCO Industries had a negative return on equity of 25.72% and a negative net margin of 7.92%.

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.