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

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

Sypris Solutions Price Performance

Shares of SYPR opened at $2.28 on Friday. The firm has a fifty day simple moving average of $1.50 and a two-hundred day simple moving average of $1.63. The firm has a market cap of $52.49 million, a PE ratio of -17.54 and a beta of 1.06. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45. Sypris Solutions has a 1-year low of $1.27 and a 1-year 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.