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

Analysts at StockNews.com assumed coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Price Performance

Shares of NASDAQ SYPR opened at $1.94 on Tuesday. The stock’s 50-day simple moving average is $1.78 and its two-hundred day simple moving average is $1.67. Sypris Solutions has a twelve month low of $1.27 and a twelve month high of $3.72. The firm has a market capitalization of $44.66 million, a P/E ratio of -14.92 and a beta of 1.04. The company has a quick ratio of 0.41, a current ratio of 1.26 and a debt-to-equity ratio of 0.45.

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.