StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR – Free Report) in a research note released on Thursday morning. The brokerage issued a hold rating on the auto parts company’s stock.
Sypris Solutions Stock Performance
Shares of SYPR stock opened at $1.92 on Thursday. The company’s fifty day simple moving average is $1.56 and its 200-day simple moving average is $1.77. The company has a quick ratio of 0.36, a current ratio of 1.16 and a debt-to-equity ratio of 0.41. The firm has a market cap of $43.72 million, a PE ratio of -11.29 and a beta of 0.91. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $2.30.
Sypris Solutions (NASDAQ:SYPR – Get Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The auto parts company reported ($0.10) 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%.
Hedge Funds 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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