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

StockNews.com started coverage on shares of SIFCO Industries (NYSE:SIF) in a report issued on Tuesday. The firm issued a buy rating on the stock.

SIFCO Industries Trading Up 4.8 %

SIF opened at $4.50 on Tuesday. The company’s 50 day moving average is $4.21 and its 200-day moving average is $3.54. SIFCO Industries has a 1-year low of $2.87 and a 1-year high of $5.96. The company has a current ratio of 0.99, a quick ratio of 0.75 and a debt-to-equity ratio of 0.12. The company has a market cap of $27.82 million, a P/E ratio of -3.06 and a beta of 1.20.

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