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

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

SIFCO Industries Trading Up 0.9 %

Shares of NYSE:SIF opened at $4.69 on Monday. The stock has a market capitalization of $28.98 million, a PE ratio of -3.19 and a beta of 1.20. SIFCO Industries has a 1 year low of $2.87 and a 1 year high of $5.96. The firm has a fifty day moving average price of $4.05 and a 200 day moving average price of $3.48. The company has a current ratio of 0.99, a quick ratio of 0.75 and a debt-to-equity ratio of 0.12.

SIFCO Industries (NYSE:SIF) last released its earnings results on Monday, August 12th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $29.26 million during the quarter. SIFCO Industries had a negative net margin of 7.92% and a negative return on equity of 25.72%.

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.