SIFCO Industries (NYSEAMERICAN:SIF) Stock Price Passes Above 200 Day Moving Average of $0.00

Shares of SIFCO Industries, Inc. (NYSEAMERICAN:SIFGet Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $2.81. SIFCO Industries shares last traded at $2.75, with a volume of 2,121 shares trading hands.

SIFCO Industries Stock Down 4.8 %

The company has a market cap of $16.61 million, a price-to-earnings ratio of -19.64 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.32.

Institutional Trading of SIFCO Industries

An institutional investor recently raised its position in SIFCO Industries stock. Koss Olinger Consulting LLC boosted its stake in SIFCO Industries, Inc. (NYSEAMERICAN:SIFGet Rating) by 57.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,669 shares of the aerospace company’s stock after buying an additional 9,336 shares during the period. Koss Olinger Consulting LLC owned 0.42% of SIFCO Industries worth $80,000 at the end of the most recent quarter. 18.44% of the stock is currently owned by institutional investors and hedge funds.

SIFCO Industries Company Profile

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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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