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

Analysts at StockNews.com started coverage on shares of Sypris Solutions (NASDAQ:SYPRGet Free Report) in a report released on Friday. The brokerage set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Price Performance

Shares of NASDAQ:SYPR opened at $1.58 on Friday. The business’s fifty day moving average price is $1.77 and its two-hundred day moving average price is $1.74. Sypris Solutions has a one year low of $1.27 and a one year high of $3.72. The stock has a market cap of $36.37 million, a PE ratio of -12.15 and a beta of 0.96. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.41 and a current ratio of 1.26.

Sypris Solutions (NASDAQ:SYPRGet Free Report) last announced its quarterly earnings data on Thursday, March 27th. The auto parts company reported $0.01 EPS for the quarter. The business had revenue of $33.45 million during the quarter. Sypris Solutions had a negative return on equity of 14.38% and a negative net margin of 2.05%.

Institutional Investors Weigh In On Sypris Solutions

A hedge fund recently bought a new stake in Sypris Solutions stock. Belvedere Trading LLC bought a new stake in shares of Sypris Solutions, Inc. (NASDAQ:SYPRFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 55,396 shares of the auto parts company’s stock, valued at approximately $99,000. Belvedere Trading LLC owned approximately 0.24% of Sypris Solutions at the end of the most recent reporting period. 44.66% of the stock is currently owned by institutional investors.

About Sypris Solutions

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Sypris Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sypris Solutions and related companies with MarketBeat.com's FREE daily email newsletter.