Sypris Solutions (NASDAQ:SYPR) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research note issued on Saturday. The brokerage set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Up 2.0 %

Sypris Solutions stock opened at $2.07 on Friday. The firm has a market capitalization of $47.66 million, a P/E ratio of -15.92 and a beta of 1.06. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45. Sypris Solutions has a twelve month low of $1.27 and a twelve month high of $2.93. The stock’s fifty day simple moving average is $1.55 and its 200-day simple moving average is $1.65.

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.