Research analysts at StockNews.com assumed coverage on shares of SIFCO Industries (NYSE:SIF – Get Free Report) in a report issued on Tuesday. The firm set a “buy” rating on the stock.
SIFCO Industries Trading Down 2.6 %
Shares of SIF opened at $3.75 on Tuesday. SIFCO Industries has a fifty-two week low of $2.87 and a fifty-two week high of $5.96. The business has a 50-day moving average of $4.08 and a 200 day moving average of $3.75. The firm has a market cap of $23.18 million, a P/E ratio of -2.78 and a beta of 1.23. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.75 and a current ratio of 0.99.
Institutional Trading of SIFCO Industries
A hedge fund recently raised its stake in SIFCO Industries stock. Minerva Advisors LLC boosted its holdings in SIFCO Industries, Inc. (NYSE:SIF – Free Report) by 12.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 423,889 shares of the company’s stock after buying an additional 45,281 shares during the period. SIFCO Industries makes up 1.1% of Minerva Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Minerva Advisors LLC owned approximately 6.86% of SIFCO Industries worth $1,971,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 24.20% of the company’s stock.
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.
Further Reading
- Five stocks we like better than SIFCO Industries
- EV Stocks and How to Profit from Them
- Microsoft Stock Gets a $550 Price Target: Time to Get Excited
- Manufacturing Stocks Investing
- Trump Tariffs in Focus: 2 Chinese Stocks to Own and 2 to Avoid
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 2 Generic Drug Stocks Ready to Surge in 2025
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.
