Alert: Major Price Advance (1/2/20)-SIFCO Industries Inc. (NYSEAMERICAN: SIF).

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SIFCO Industries Inc. (NYSEAMERICAN: SIF) stock closed at $4.40 on 1/2/20 after a major increase of 11.4%. However, trading volume in this advance was unusually low at 63% of normal. The stock has risen 16.1% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

SIF is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

SIFCO Industries has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. SIFCO Industries has a neutral Power Rating of 55 and a slightly positive Appreciation Score of 62, resulting in the High Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

About John Lafferty 77149 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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