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

Analysts at StockNews.com assumed coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research note issued to investors on Monday. The firm set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Performance

Shares of NASDAQ SYPR opened at $2.08 on Monday. The firm’s 50-day moving average price is $1.73 and its 200-day moving average price is $1.67. Sypris Solutions has a 52-week low of $1.27 and a 52-week high of $3.72. The company has a market cap of $47.89 million, a PE ratio of -16.00 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.