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

Analysts at StockNews.com started coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research report issued on Saturday. The firm set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Up 2.0 %

Shares of NASDAQ SYPR opened at $2.07 on Friday. The company has a market cap of $47.66 million, a price-to-earnings ratio of -15.92 and a beta of 1.06. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $2.93. The stock has a 50-day moving average price of $1.56 and a two-hundred day moving average price of $1.65.

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.