Equities researchers at StockNews.com assumed coverage on shares of SIFCO Industries (NYSE:SIF – Get Rating) in a research note issued on Sunday. The brokerage set a “buy” rating on the stock.
SIFCO Industries Trading Down 9.5 %
Shares of SIF stock opened at $2.48 on Friday. The firm has a 50 day moving average price of $2.60 and a two-hundred day moving average price of $2.80. The company has a quick ratio of 0.91, a current ratio of 1.19 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $15.12 million, a PE ratio of -1.49 and a beta of 1.44. SIFCO Industries has a 12-month low of $1.95 and a 12-month high of $4.05.
Institutional Investors Weigh In On SIFCO Industries
A hedge fund recently raised its stake in SIFCO Industries stock. Koss Olinger Consulting LLC boosted its holdings in shares of SIFCO Industries, Inc. (NYSE:SIF – Get Rating) by 53.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,343 shares of the company’s stock after purchasing an additional 13,674 shares during the period. Koss Olinger Consulting LLC owned about 0.65% of SIFCO Industries worth $121,000 at the end of the most recent quarter. 18.37% of the stock is currently owned by hedge funds and other institutional investors.
About SIFCO Industries
SIFCO Industries, Inc engages in the manufacture of forgings and machined components for the aerospace and energy markets. Its products include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters, and commercial or industrial products.
Recommended Stories
- Get a free research report on SIFCO Industries from StockNews.com
- MarketBeat Week in Review – 6/19 – 6/23
- CarMax Stock Flying On Earnings Beat, Return Of The Highs?
- Commercial Metals Company Shakes Off The Rust: Confirms Uptrend
- Smith & Wesson, A Timeless Value Play At Decade Lows
- Five stocks we like better than SIFCO Industries
Receive News & Ratings for SIFCO Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SIFCO Industries and related companies with MarketBeat.com's FREE daily email newsletter.
