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

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

SIFCO Industries Stock Down 1.5 %

SIF opened at $3.30 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. SIFCO Industries has a 1-year low of $2.35 and a 1-year high of $4.95. The company has a market capitalization of $20.43 million, a PE ratio of -2.24 and a beta of 1.16. The firm’s 50 day simple moving average is $3.22 and its two-hundred day simple moving average is $3.18.

SIFCO Industries (NYSE:SIF) last announced its quarterly earnings data on Thursday, May 9th. The company reported ($0.26) earnings per share (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.