Sypris Solutions (NASDAQ:SYPR) Research Coverage Started at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research report issued on Wednesday. The firm set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Trading Down 2.5 %

Shares of SYPR stock opened at $1.59 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.28 and a quick ratio of 0.45. The company has a market cap of $36.21 million, a price-to-earnings ratio of -9.35 and a beta of 0.98. Sypris Solutions has a 1 year low of $1.27 and a 1 year high of $2.30. The firm has a fifty day moving average price of $1.60 and a 200-day moving average price of $1.64.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Sypris Solutions stock. Dynamic Advisor Solutions LLC raised its position in shares of Sypris Solutions, Inc. (NASDAQ:SYPR) by 3.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,309,154 shares of the auto parts company’s stock after purchasing an additional 134,802 shares during the quarter. Dynamic Advisor Solutions LLC owned 19.23% of Sypris Solutions worth $6,852,000 as of its most recent SEC filing. Institutional investors own 44.66% of the company’s stock.

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.