Thompson Davis & CO. Inc. Acquires New Position in SIFCO Industries, Inc. $SIF

Thompson Davis & CO. Inc. bought a new position in shares of SIFCO Industries, Inc. (NYSE:SIF) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,222 shares of the company’s stock, valued at approximately $38,000.

Separately, Carnegie Investment Counsel purchased a new stake in shares of SIFCO Industries during the second quarter worth $63,000. Institutional investors own 24.20% of the company’s stock.

SIFCO Industries Trading Down 2.2%

NYSE:SIF opened at $6.63 on Friday. SIFCO Industries, Inc. has a 12-month low of $2.33 and a 12-month high of $7.88. The firm has a market cap of $40.97 million, a PE ratio of -9.34 and a beta of 1.06. The stock has a fifty day moving average price of $7.07 and a 200 day moving average price of $5.32.

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.