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

StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a report released on Friday. The brokerage set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Performance

NASDAQ:SYPR opened at $2.08 on Friday. Sypris Solutions has a 1-year low of $1.27 and a 1-year high of $2.93. The firm has a 50 day simple moving average of $1.51 and a 200-day simple moving average of $1.64. The firm has a market cap of $47.89 million, a PE ratio of -16.00 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41.

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.