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

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

Sypris Solutions Trading Down 8.8 %

Shares of SYPR stock opened at $2.08 on Friday. The stock has a market capitalization of $47.89 million, a price-to-earnings ratio of -16.00 and a beta of 1.06. The company’s fifty day simple moving average is $1.51 and its two-hundred day simple moving average is $1.64. Sypris Solutions has a 1 year low of $1.27 and a 1 year high of $2.93. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41.

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.