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

StockNews.com initiated coverage on shares of SIFCO Industries (NYSE:SIF – Get Rating) in a note issued to investors on Thursday. The firm set a “buy” rating on the stock.

SIFCO Industries stock opened at $3.81 on Thursday. The company has a quick ratio of 0.84, a current ratio of 1.25 and a debt-to-equity ratio of 0.08. The business has a 50-day simple moving average of $5.24. The company has a market capitalization of $22.87 million, a price-to-earnings ratio of -2.95 and a beta of 1.43. SIFCO Industries has a 52 week low of $3.74 and a 52 week high of $13.50.

SIFCO Industries (NYSE:SIF – Get Rating) last posted its quarterly earnings data on Friday, February 4th. The company reported ($0.64) EPS for the quarter. The business had revenue of $19.25 million during the quarter. SIFCO Industries had a negative return on equity of 15.50% and a negative net margin of 7.92%.

SIFCO Industries Company Profile (Get Rating)

SIFCO Industries, Inc 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, and machining. It 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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