Sypris Solutions (NASDAQ:SYPR) Now Covered by StockNews.com

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

Sypris Solutions Stock Performance

Shares of NASDAQ:SYPR opened at $1.57 on Thursday. The stock has a market capitalization of $36.14 million, a price-to-earnings ratio of -12.08 and a beta of 1.06. The business’s fifty day moving average price is $1.47 and its two-hundred day moving average price is $1.62. Sypris Solutions has a fifty-two week low of $1.27 and a fifty-two week high of $2.30. 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.