Sypris Solutions (NASDAQ:SYPR) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a report released on Thursday. The brokerage issued a hold rating on the auto parts company’s stock.

Sypris Solutions Stock Performance

Shares of NASDAQ SYPR opened at $1.57 on Thursday. The firm has a market capitalization of $36.14 million, a price-to-earnings ratio of -12.08 and a beta of 1.06. Sypris Solutions has a one year low of $1.27 and a one year high of $2.30. The business has a fifty day simple moving average of $1.47 and a 200 day simple moving average of $1.62. The company has a current ratio of 1.26, a quick ratio of 0.41 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.