Sypris Solutions (NASDAQ:SYPR) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research note issued to investors on Tuesday morning. The brokerage issued a hold rating on the auto parts company’s stock.

Sypris Solutions Price Performance

SYPR stock opened at $2.24 on Tuesday. The firm has a 50-day moving average of $1.82 and a 200 day moving average of $1.68. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41. The company has a market cap of $51.56 million, a P/E ratio of -17.23 and a beta of 1.04. Sypris Solutions has a 1 year low of $1.27 and a 1 year high of $3.72.

Sypris Solutions (NASDAQ:SYPR) last released its earnings results on Tuesday, November 12th. The auto parts company reported $0.02 EPS for the quarter. The company had revenue of $35.66 million during the quarter. Sypris Solutions had a negative return on equity of 14.38% and a negative net margin of 2.05%.

Sypris Solutions Company Profile

Sypris Solutions, Inc engages in the provision of truck components, oil and gas pipeline components, and aerospace and defense electronics. It operates through Sypris Technologies and Sypris Electronics segments. The Sypris Technologies segment is involved in selling of forged, machined, welded, and heat-treated steel components primarily for the heavy commercial vehicle and high-pressure energy pipeline applications.