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

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

Sypris Solutions Price Performance

NASDAQ:SYPR opened at $2.13 on Monday. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45. The firm has a fifty day simple moving average of $1.75 and a 200 day simple moving average of $1.67. Sypris Solutions has a 1-year low of $1.27 and a 1-year high of $3.72. The stock has a market capitalization of $49.04 million, a PE ratio of -16.38 and a beta of 1.04.

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.