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

Research analysts at StockNews.com assumed coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a report released on Sunday. The brokerage set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Up 58.7 %

SYPR stock opened at $2.65 on Friday. 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 firm has a market cap of $61.00 million, a PE ratio of -20.38 and a beta of 1.06. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $3.20. The firm has a 50 day simple moving average of $1.60 and a 200 day simple moving average of $1.65.

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.