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

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

Sypris Solutions Stock Down 17.4 %

NASDAQ SYPR opened at $2.52 on Friday. The stock has a fifty day moving average of $1.66 and a 200-day moving average of $1.66. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.41 and a current ratio of 1.26. The stock has a market capitalization of $58.02 million, a P/E ratio of -19.38 and a beta of 1.04. Sypris Solutions has a 52 week low of $1.27 and a 52 week high of $3.72.

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.