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

Equities research analysts at StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a note issued to investors on Saturday. The firm set a “buy” rating on the stock.

SIFCO Industries Price Performance

NYSE SIF opened at $3.59 on Friday. SIFCO Industries has a fifty-two week low of $2.87 and a fifty-two week high of $5.96. The stock’s 50-day moving average is $4.45 and its two-hundred day moving average is $3.68. The firm has a market cap of $22.16 million, a P/E ratio of -2.66 and a beta of 1.20. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.99 and a quick ratio of 0.75.

SIFCO Industries (NYSE:SIF) last posted its earnings results on Monday, August 12th. The company reported $0.01 earnings per share for the quarter. SIFCO Industries had a negative return on equity of 25.72% and a negative net margin of 7.92%. The firm had revenue of $29.26 million during 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.