Renaissance Technologies LLC Sells 15,200 Shares of SIFCO Industries, Inc. (NYSE:SIF)

Renaissance Technologies LLC lessened its holdings in shares of SIFCO Industries, Inc. (NYSE:SIF) by 25.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,534 shares of the company’s stock after selling 15,200 shares during the quarter. Renaissance Technologies LLC owned approximately 0.74% of SIFCO Industries worth $141,000 as of its most recent filing with the Securities & Exchange Commission.

SIFCO Industries Stock Up 4.5 %

SIF opened at $4.40 on Monday. The stock has a market capitalization of $27.19 million, a price-to-earnings ratio of -3.26 and a beta of 1.20. The firm has a 50 day moving average price of $4.32 and a 200-day moving average price of $3.59. SIFCO Industries, Inc. has a twelve month low of $2.87 and a twelve month high of $5.96. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.12.

SIFCO Industries (NYSE:SIF) last posted its quarterly earnings data on Monday, August 12th. The company reported $0.01 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%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of SIFCO Industries in a report on Wednesday, October 9th. They set a “buy” rating on the stock.

SIFCO Industries 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.