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

StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a report published on Friday. The firm issued a hold rating on the auto parts company’s stock.

Sypris Solutions Stock Down 8.8 %

Shares of NASDAQ:SYPR opened at $2.08 on Friday. The company has a 50 day moving average price of $1.51 and a two-hundred day moving average price of $1.64. 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 $47.89 million, a PE ratio of -16.00 and a beta of 1.06. Sypris Solutions has a 52 week low of $1.27 and a 52 week high of $2.93.

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.