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 released on Saturday morning. The firm issued a hold rating on the auto parts company’s stock.

Sypris Solutions Trading Down 8.2 %

Shares of NASDAQ SYPR opened at $1.90 on Friday. The stock has a market capitalization of $43.74 million, a P/E ratio of -14.62 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41. The business has a fifty day moving average price of $1.56 and a 200 day moving average price of $1.65. Sypris Solutions has a 1-year low of $1.27 and a 1-year high of $2.93.

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.