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

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

SIFCO Industries Trading Up 8.3 %

SIFCO Industries stock opened at $3.25 on Friday. The stock has a market cap of $20.12 million, a PE ratio of -2.21 and a beta of 1.16. The company has a current ratio of 0.98, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. The stock has a 50-day moving average price of $3.20 and a 200 day moving average price of $3.19. SIFCO Industries has a 52 week low of $2.34 and a 52 week high of $4.95.

SIFCO Industries (NYSE:SIF) last announced its earnings results on Thursday, May 9th. The company reported ($0.26) earnings per share (EPS) for the quarter. The firm had revenue of $26.54 million for 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.