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

by · The Cerbat Gem

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF – Free Report) in a report released on Sunday morning. The firm issued a buy rating on the stock.

SIFCO Industries Trading Up 1.1 %

SIF stock opened at $4.49 on Friday. The company has a market cap of $27.79 million, a price-to-earnings ratio of -3.05 and a beta of 1.20. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.12. The business has a fifty day simple moving average of $3.89 and a 200-day simple moving average of $3.42. SIFCO Industries has a 52 week low of $2.82 and a 52 week high of $5.96.

SIFCO Industries (NYSE:SIF – Get Free Report) last released its quarterly earnings data on Monday, August 12th. The company reported $0.01 EPS for the quarter. The business had revenue of $29.26 million during 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

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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.

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