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

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

SIFCO Industries Stock Down 1.9 %

SIFCO Industries stock opened at $4.65 on Monday. The company has a market capitalization of $28.78 million, a PE ratio of -3.16 and a beta of 1.20. 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 fifty-two week low of $2.85 and a fifty-two week high of $5.96. The firm has a 50 day moving average price of $4.02 and a 200 day moving average price of $3.47.

SIFCO Industries (NYSE:SIF) last posted its 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.