Sypris Solutions (NASDAQ:SYPR) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a note issued to investors on Sunday. The firm set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Performance

NASDAQ:SYPR opened at $2.65 on Friday. Sypris Solutions has a 52 week low of $1.27 and a 52 week high of $3.20. The company has a fifty day simple moving average of $1.60 and a two-hundred day simple moving average of $1.65. The company has a quick ratio of 0.41, a current ratio of 1.26 and a debt-to-equity ratio of 0.45. The company has a market cap of $61.00 million, a price-to-earnings ratio of -20.38 and a beta of 1.06.

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.