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

StockNews.com initiated coverage on shares of SIFCO Industries (NYSE:SIF) in a report released on Sunday. The brokerage issued a buy rating on the stock.

SIFCO Industries Stock Performance

NYSE:SIF opened at $4.49 on Friday. 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 firm has a 50-day moving average of $3.89 and a two-hundred day moving average of $3.42. The stock has a market cap of $27.79 million, a P/E ratio of -3.05 and a beta of 1.20. SIFCO Industries has a 1-year low of $2.82 and a 1-year high of $5.96.

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

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.