StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR – Free Report) in a research report released on Wednesday morning. The brokerage issued a hold rating on the auto parts company’s stock.
Sypris Solutions Price Performance
NASDAQ SYPR opened at $1.56 on Wednesday. The company has a 50-day moving average price of $1.80 and a two-hundred day moving average price of $1.70. Sypris Solutions has a 52 week low of $1.27 and a 52 week high of $2.30. The stock has a market cap of $35.53 million, a price-to-earnings ratio of -9.18 and a beta of 1.00. The company has a current ratio of 1.16, a quick ratio of 0.36 and a debt-to-equity ratio of 0.41.
Sypris Solutions (NASDAQ:SYPR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 15th. The auto parts company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $35.55 million during the quarter. Sypris Solutions had a negative return on equity of 16.73% and a negative net margin of 2.61%.
Institutional Investors Weigh In On Sypris Solutions
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.
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