Carnegie Investment Counsel Purchases Shares of 17,000 SIFCO Industries, Inc. $SIF

Carnegie Investment Counsel purchased a new stake in SIFCO Industries, Inc. (NYSE:SIF) during the second quarter, HoldingsChannel.com reports. The fund purchased 17,000 shares of the company’s stock, valued at approximately $63,000.

SIFCO Industries Stock Up 0.3%

SIFCO Industries stock opened at $7.35 on Tuesday. The company’s 50-day moving average price is $7.09 and its 200-day moving average price is $4.94. SIFCO Industries, Inc. has a twelve month low of $2.33 and a twelve month high of $7.88. The company has a market cap of $45.42 million, a PE ratio of -10.35 and a beta of 1.07.

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.