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

by · The Markets Daily

StockNews.com assumed coverage on shares of SIFCO Industries (NYSE:SIF – Free Report) in a report published on Wednesday. The firm issued a buy rating on the stock.

SIFCO Industries Stock Performance

SIFCO Industries stock opened at $4.31 on Wednesday. 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 company has a market capitalization of $26.64 million, a P/E ratio of -3.19 and a beta of 1.20. The stock’s 50 day moving average is $4.30 and its 200 day moving average is $3.58. SIFCO Industries has a twelve month low of $2.87 and a twelve month high of $5.96.

SIFCO Industries (NYSE:SIF – Get Free Report) last issued its earnings results on Monday, August 12th. The company reported $0.01 EPS 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 for the quarter.

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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