StockNews.com Begins Coverage on SIFCO Industries (NYSE:SIF)

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a research note published on Monday. The firm issued a buy rating on the stock.

SIFCO Industries Stock Performance

Shares of SIF stock opened at $3.35 on Monday. SIFCO Industries has a fifty-two week low of $2.35 and a fifty-two week high of $4.95. The stock’s 50-day moving average is $3.22 and its two-hundred day moving average is $3.18. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.98 and a quick ratio of 0.72. The firm has a market cap of $20.74 million, a P/E ratio of -2.28 and a beta of 1.16.

SIFCO Industries (NYSE:SIF) last released its quarterly earnings data on Thursday, May 9th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $26.54 million during the quarter. SIFCO Industries had a negative return on equity of 26.65% and a negative net margin of 9.30%.

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.