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

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

SIFCO Industries Price Performance

SIFCO Industries stock opened at $4.49 on Tuesday. The company has a fifty day simple moving average of $4.14 and a 200-day simple moving average of $3.52. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $27.75 million, a price-to-earnings ratio of -3.05 and a beta of 1.20. SIFCO Industries has a 52-week low of $2.87 and a 52-week high of $5.96.

SIFCO Industries (NYSE:SIF) last released its quarterly earnings data on Monday, August 12th. The company reported $0.01 EPS for the quarter. SIFCO Industries had a negative net margin of 7.92% and a negative return on equity of 25.72%. The company 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.