SIFCO Industries (NYSE:SIF) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of SIFCO Industries (NYSE:SIF) in a research report sent to investors on Thursday. The firm issued a buy rating on the stock.

SIFCO Industries Trading Down 2.0 %

Shares of SIF opened at $3.13 on Thursday. SIFCO Industries has a fifty-two week low of $2.28 and a fifty-two week high of $4.95. The company’s fifty day moving average is $3.13 and its two-hundred day moving average is $3.56. The company has a current ratio of 0.99, a quick ratio of 0.73 and a debt-to-equity ratio of 0.14.

SIFCO Industries (NYSE:SIF) last issued its earnings results on Wednesday, February 14th. The company reported ($0.57) earnings per share for the quarter. The firm had revenue of $21.05 million during the quarter. SIFCO Industries had a negative net margin of 10.98% and a negative return on equity of 24.45%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SIFCO Industries stock. Investment Partners LTD. bought a new stake in SIFCO Industries, Inc. (NYSE:SIF) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 57,541 shares of the company’s stock, valued at approximately $211,000. Investment Partners LTD. owned 0.94% of SIFCO Industries at the end of the most recent quarter. 24.20% of the stock is owned by hedge funds and other institutional investors.

SIFCO Industries Company Profile

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.