Sypris Solutions (NASDAQ:SYPR) Posts Quarterly Earnings Results

Sypris Solutions (NASDAQ:SYPR) released its quarterly earnings data on Thursday. The auto parts company reported $0.01 earnings per share for the quarter, Zacks reports. Sypris Solutions had a negative net margin of 2.05% and a negative return on equity of 14.38%.

Sypris Solutions Stock Up 2.1 %

Shares of SYPR traded up $0.04 during trading hours on Thursday, hitting $1.67. The company had a trading volume of 2,746 shares, compared to its average volume of 48,758. Sypris Solutions has a one year low of $1.27 and a one year high of $3.72. The company’s fifty day moving average price is $1.91 and its two-hundred day moving average price is $1.74. The company has a market capitalization of $38.33 million, a PE ratio of -12.81 and a beta of 1.08. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Sypris Solutions in a research report on Wednesday. They issued a “hold” rating for the company.

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.