Sypris Solutions (NASDAQ:SYPR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research report report published on Tuesday. The firm issued a hold rating on the auto parts company’s stock.

Sypris Solutions Stock Performance

SYPR stock opened at $2.24 on Tuesday. The stock has a market capitalization of $51.57 million, a PE ratio of -17.23 and a beta of 1.04. 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 50 day moving average price of $1.78 and a 200 day moving average price of $1.67. Sypris Solutions has a fifty-two week low of $1.27 and a fifty-two week high of $3.72.

Sypris Solutions (NASDAQ:SYPR) last issued its quarterly earnings results on Tuesday, November 12th. The auto parts company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $35.66 million for 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.