Sypris Solutions, Inc. (NASDAQ:SYPR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.70 and traded as high as $2.40. Sypris Solutions shares last traded at $2.34, with a volume of 69,353 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of Sypris Solutions in a report on Thursday. They issued a "hold" rating on the stock.
Read Our Latest Stock Report on Sypris Solutions
Sypris Solutions Trading Down 0.4 %
The firm has a market cap of $51.80 million, a P/E ratio of -17.31 and a beta of 1.07. The company's 50 day simple moving average is $2.00 and its 200-day simple moving average is $1.70. The company has a quick ratio of 0.41, a current ratio of 1.26 and a debt-to-equity ratio of 0.45.
Sypris Solutions (NASDAQ:SYPR - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The auto parts company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $35.66 million during the quarter. Sypris Solutions had a negative return on equity of 14.38% and a negative net margin of 2.05%.
Institutional Trading of Sypris Solutions
A hedge fund recently bought a new stake in Sypris Solutions stock. Belvedere Trading LLC bought a new position in Sypris Solutions, Inc. (NASDAQ:SYPR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 55,396 shares of the auto parts company's stock, valued at approximately $99,000. Belvedere Trading LLC owned about 0.24% of Sypris Solutions as of its most recent SEC filing. Institutional investors own 44.66% of the company's stock.
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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