SIFCO Industries Inc. (SIF) Jumps 5.26% on December 21

Equities Staff |

SIFCO Industries Inc. (SIF) was among the biggest gainers on the Russell 2000 for Monday December 21 as the stock popped 5.26% to $11.00, representing a gain of $0.55 per share. Some 4,494 shares traded hands on 42 trades, compared with an average daily volume of 5,155 shares out of a total float of 5.45 million. The stock opened at $10.45 and traded with an intraday range of $11.00 to $10.30.

After today's gains, SIFCO Industries Inc. reached a market cap of $59.93 million. SIFCO Industries Inc. has had a trading range between $31.25 and $10.11 over the last year, and it had a 50-day SMA of $12.16 and a 200-day SMA of $14.23.

Sifco Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy market. The Company's processes and services include forging, heat-treating and machining.

SIFCO Industries Inc. is based out of Cleveland, OH and has some 465 employees. Its CEO is Michael S. Lipscomb.

For a complete fundamental analysis analysis of SIFCO Industries Inc., check out Equities.com’s Stock Valuation Analysis report for SIF. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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