Carnegie Investment Counsel Makes New Investment in SIFCO Industries, Inc. $SIF

Carnegie Investment Counsel purchased a new position in SIFCO Industries, Inc. (NYSE:SIF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,000 shares of the company’s stock, valued at approximately $63,000. Carnegie Investment Counsel owned 0.28% of SIFCO Industries at the end of the most recent quarter.

SIFCO Industries Price Performance

Shares of SIF stock opened at $7.35 on Tuesday. The company has a market capitalization of $45.42 million, a price-to-earnings ratio of -10.35 and a beta of 1.07. SIFCO Industries, Inc. has a one year low of $2.33 and a one year high of $7.88. The company’s fifty day moving average price is $7.09 and its 200-day moving average price is $4.94.

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.