SIFCO Industries (NYSE:SIF) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of SIFCO Industries (NYSE:SIF) in a research note issued to investors on Monday. The brokerage issued a buy rating on the stock.

SIFCO Industries Stock Up 0.3 %

SIF stock opened at $3.56 on Monday. The stock’s 50 day moving average is $3.68 and its 200-day moving average is $3.87. The firm has a market capitalization of $21.97 million, a PE ratio of -2.64 and a beta of 1.19. SIFCO Industries has a twelve month low of $2.87 and a twelve month high of $5.96. The company has a quick ratio of 0.75, a current ratio of 0.99 and a debt-to-equity ratio of 0.12.

Institutional Trading of SIFCO Industries

A hedge fund recently raised its stake in SIFCO Industries stock. Minerva Advisors LLC grew its holdings in SIFCO Industries, Inc. (NYSE:SIF) by 12.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 423,889 shares of the company’s stock after buying an additional 45,281 shares during the quarter. SIFCO Industries makes up about 1.1% of Minerva Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Minerva Advisors LLC owned approximately 6.86% of SIFCO Industries worth $1,971,000 as of its most recent SEC filing. 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.