Sypris Solutions (NASDAQ:SYPR) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research note released on Tuesday morning. The firm issued a hold rating on the auto parts company’s stock.

Separately, TheStreet downgraded Sypris Solutions from a c- rating to a d+ rating in a research note on Tuesday, February 20th.

Sypris Solutions Stock Down 4.2 %

SYPR stock opened at $1.61 on Tuesday. The company has a quick ratio of 0.31, a current ratio of 1.20 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average price of $1.76 and a two-hundred day moving average price of $1.91. The company has a market cap of $36.08 million, a price-to-earnings ratio of -20.13 and a beta of 0.91. Sypris Solutions has a twelve month low of $1.52 and a twelve month high of $2.30.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Virtu Financial LLC bought a new position in shares of Sypris Solutions during the 1st quarter worth approximately $53,000. Barlow Wealth Partners Inc. acquired a new stake in Sypris Solutions during the 4th quarter worth approximately $51,000. Dimensional Fund Advisors LP lifted its holdings in Sypris Solutions by 21.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 74,870 shares of the auto parts company’s stock worth $151,000 after purchasing an additional 13,389 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Sypris Solutions by 5.7% during the 1st quarter. Vanguard Group Inc. now owns 480,711 shares of the auto parts company’s stock worth $1,294,000 after purchasing an additional 26,000 shares during the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in Sypris Solutions during the 1st quarter worth approximately $4,939,000. 44.66% of the stock is currently owned by institutional investors.

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.