SIFCO Industries (NYSE:SIF) Now Covered by

Investment analysts at began coverage on shares of SIFCO Industries (NYSE:SIFGet Free Report) in a research note issued on Saturday. The brokerage set a “buy” rating on the stock.

SIFCO Industries Price Performance

SIFCO Industries stock opened at $3.20 on Friday. The stock has a market cap of $19.71 million, a P/E ratio of -1.99 and a beta of 1.13. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 0.14. The company’s 50 day moving average price is $3.14 and its two-hundred day moving average price is $3.65. SIFCO Industries has a 52 week low of $2.28 and a 52 week high of $4.95.

SIFCO Industries (NYSE:SIFGet Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.57) EPS for the quarter. The business had revenue of $21.05 million for the quarter. SIFCO Industries had a negative return on equity of 24.45% and a negative net margin of 10.98%.

Hedge Funds Weigh In On SIFCO Industries

An institutional investor recently bought a new position in SIFCO Industries stock. Investment Partners LTD. purchased a new position in shares of SIFCO Industries, Inc. (NYSE:SIFFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 57,541 shares of the company’s stock, valued at approximately $211,000. Investment Partners LTD. owned about 0.94% of SIFCO Industries as of its most recent SEC filing. Hedge funds and other institutional investors own 17.07% of the company’s stock.

About SIFCO Industries

(Get Free Report)

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.

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