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

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

Sypris Solutions Trading Up 58.7 %

NASDAQ SYPR opened at $2.65 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41. The stock has a market capitalization of $61.01 million, a P/E ratio of -20.38 and a beta of 1.04. The firm’s 50-day moving average is $1.60 and its two-hundred day moving average is $1.65. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $3.20.

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.