Sypris Solutions (NASDAQ:SYPR) Earns Hold Rating from Analysts at StockNews.com

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

Sypris Solutions Stock Performance

Shares of SYPR stock opened at $2.13 on Monday. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $3.72. The company’s fifty day simple moving average is $1.75 and its 200-day simple moving average is $1.67. The firm has a market cap of $49.04 million, a PE ratio of -16.38 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.

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.