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

Equities research analysts at StockNews.com started coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a note issued to investors on Wednesday. The firm set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Up 7.9 %

NASDAQ:SYPR opened at $2.19 on Wednesday. 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’s fifty day moving average price is $1.90 and its 200-day moving average price is $1.69. Sypris Solutions has a 1-year low of $1.27 and a 1-year high of $3.72. The firm has a market capitalization of $50.41 million, a P/E ratio of -16.85 and a beta of 1.04.

Sypris Solutions (NASDAQ:SYPR) last announced its quarterly earnings results on Tuesday, November 12th. The auto parts company reported $0.02 earnings per share for the quarter. The company 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%.

About Sypris Solutions

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.