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StockNews.com Begins Coverage on Sypris Solutions (NASDAQ:SYPR)

Sypris Solutions logo

Investment analysts at StockNews.com assumed coverage on shares of Sypris Solutions (NASDAQ:SYPR - Get Free Report) in a report released on Friday. The firm set a "hold" rating on the auto parts company's stock.

Sypris Solutions Stock Down 8.8 %

NASDAQ:SYPR traded down $0.20 during mid-day trading on Friday, reaching $2.08. The stock had a trading volume of 85,864 shares, compared to its average volume of 22,473. The stock's 50 day simple moving average is $1.50 and its two-hundred day simple moving average is $1.63. Sypris Solutions has a 1-year low of $1.27 and a 1-year high of $2.93. The company has a market capitalization of $47.89 million, a price-to-earnings ratio of -16.00 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41.

Sypris Solutions Company Profile

(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.

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