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

StockNews.com assumed coverage on shares of SIFCO Industries (NYSE:SIF) in a research note released on Monday. The firm issued a buy rating on the stock.

SIFCO Industries Stock Down 1.5 %

SIF stock opened at $3.30 on Monday. SIFCO Industries has a fifty-two week low of $2.35 and a fifty-two week high of $4.95. The business’s 50 day moving average price is $3.22 and its two-hundred day moving average price is $3.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 0.98. The company has a market capitalization of $20.43 million, a price-to-earnings ratio of -2.24 and a beta of 1.16.

SIFCO Industries (NYSE:SIF) last posted its earnings results on Thursday, May 9th. The company reported ($0.26) earnings per share for the quarter. SIFCO Industries had a negative return on equity of 26.65% and a negative net margin of 9.30%. The firm had revenue of $26.54 million for the quarter.

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.