Sypris Solutions (NASDAQ:SYPR) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research report sent to investors on Sunday. The brokerage issued a hold rating on the auto parts company’s stock.

Sypris Solutions Stock Performance

SYPR opened at $2.52 on Friday. The business’s 50-day moving average price is $1.66 and its two-hundred day moving average price is $1.66. Sypris Solutions has a 1 year low of $1.27 and a 1 year high of $3.72. The company has a market capitalization of $58.02 million, a price-to-earnings ratio of -19.38 and a beta of 1.04. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41.

About Sypris Solutions

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.