SIFCO Industries (NYSE:SIF) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of SIFCO Industries (NYSE:SIF) in a research report sent to investors on Monday morning. The brokerage issued a buy rating on the stock.

SIFCO Industries Trading Up 3.6 %

SIF opened at $4.86 on Monday. The stock has a market cap of $30.03 million, a price-to-earnings ratio of -3.31 and a beta of 1.20. The stock’s 50 day moving average price is $4.05 and its 200-day moving average price is $3.48. SIFCO Industries has a one year low of $2.87 and a one year high of $5.96. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.75 and a current ratio of 0.99.

SIFCO Industries (NYSE:SIF) last released its earnings results on Monday, August 12th. The company reported $0.01 EPS 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 for 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.