SIF Stock Summary and Trading Ideas (Sifco Industries | AMEX:SIF)

SIFCO Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy, Defense and Commercial Space markets. Its processes and services include forging, heat-treating and machining. It serves original equipment manufacturers (OEM) as well as aftermarket customers. Its products are made of steel, stainless steel, titanium and aluminium and include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters and industrial products. Substantial revenue is derived from North America as well as operates in Europe.

Sifco Industries trades on the AMEX stock market under the symbol SIF.

As of December 13, 2024, SIF stock price declined to $3.88 with 1,080 million shares trading.

SIF has a market cap of $23.99 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SIF traded as high as $7.95 and as low as $1.95.

The top ETF exchange traded funds that SIF belongs to (by Net Assets): VXF, VTI, DFAT, BSVO, DFAS.

SIF has underperformed the market in the last year with a return of -5.5%, while the SPY ETF gained +29.9%. In the last 3 month period, SIF fell short of the market, returning -19.5%, while SPY returned +7.8%. However, in the most recent 2 weeks SIF has outperformed the stock market by returning +3.3%, while SPY returned +0.3%.

SIF support price is $3.75 and resistance is $4.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SIF shares will trade within this expected range on the day.