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

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

Sypris Solutions Price Performance

Sypris Solutions stock opened at $2.24 on Tuesday. The stock has a market cap of $51.56 million, a price-to-earnings ratio of -17.23 and a beta of 1.04. The company has a quick ratio of 0.41, a current ratio of 1.26 and a debt-to-equity ratio of 0.45. The business has a 50-day simple moving average of $1.82 and a 200 day simple moving average of $1.68. Sypris Solutions has a 52 week low of $1.27 and a 52 week high of $3.72.

Sypris Solutions (NASDAQ:SYPR) last announced its quarterly earnings data on Tuesday, November 12th. The auto parts company reported $0.02 earnings per share for the quarter. The company had revenue of $35.66 million for the quarter. Sypris Solutions had a negative return on equity of 14.38% and a negative net margin of 2.05%.

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.