Revenue Update on SIFCO Industries Inc(NYSEMKT:SIF)

SIFCO Industries Inc(NYSEMKT:SIF) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Aug 9, 2016. Earnings per share were $-0.19.

SIFCO Industries Inc (SIF) made into the market gainers list on Wednesdays trading session with the shares advancing 1.29% or 0.0844 points. Due to strong positive momentum, the stock ended at $6.63, which is also near the day’s high of $6.63. The stock began the session at $6.41 and the volume stood at 2,711 shares. The 52-week high of the shares is $14.0999 and the 52 week low is $6.25. The company has a current market capitalization of $36 M and it has 54,66,063 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 15, 2015, Donald C Jr. Molten (director) purchased 4,000 shares at $14.25 per share price.Also, On May 14, 2015, Hudson D Smith (director) purchased 1,000 shares at $14.00 per share price.On May 13, 2015, Alayne L Reitman (director) purchased 1,030 shares at $14.58 per share price, according to the Form-4 filing with the securities and exchange commission.

SIFCO Industries Inc. (SIFCO) is engaged in the production and sale of a range of metal working services and products produced to the specific design requirements of its customers. The services include forging heat-treating coating welding machining and selective plating. The products include forged components machined forged parts other machined metal components as well as turbine engine component repairs. The Company operates under SIFCO Forged Components which is a manufacturer of forgings and machined components primarily for the Aerospace and Energy (A&E) markets that range in size from approximately 2 to 1200 pounds primarily in steel stainless steel titanium and aluminum.

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