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

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

Sypris Solutions Stock Up 2.0 %

Shares of SYPR stock opened at $2.07 on Friday. The stock’s 50 day simple moving average is $1.56 and its 200 day simple moving average is $1.65. Sypris Solutions has a twelve month low of $1.27 and a twelve month high of $2.93. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.41 and a current ratio of 1.26. The company has a market capitalization of $47.66 million, a price-to-earnings ratio of -15.92 and a beta of 1.06.

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.