StockNews.com Begins Coverage on Sypris Solutions (NASDAQ:SYPR)

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

Sypris Solutions Price Performance

Sypris Solutions stock opened at $2.07 on Friday. The company’s 50 day simple moving average is $1.55 and its 200-day simple moving average is $1.65. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.41 and a current ratio of 1.26. Sypris Solutions has a 1 year low of $1.27 and a 1 year high of $2.93. The company has a market capitalization of $47.66 million, a price-to-earnings ratio of -15.92 and a beta of 1.06.

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.