Sypris Solutions (NASDAQ:SYPR) Releases Earnings Results

Sypris Solutions (NASDAQ:SYPR) released its earnings results on Thursday. The auto parts company reported $0.01 earnings per share for the quarter, Zacks reports. Sypris Solutions had a negative return on equity of 14.38% and a negative net margin of 2.05%.

Sypris Solutions Trading Up 2.1 %

Shares of SYPR traded up $0.04 during mid-day trading on Thursday, reaching $1.67. 2,746 shares of the company’s stock traded hands, compared to its average volume of 48,758. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $3.72. 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 cap of $38.33 million, a P/E ratio of -12.81 and a beta of 1.08. The stock’s 50-day moving average is $1.91 and its two-hundred day moving average is $1.74.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Sypris Solutions in a report on Wednesday. They issued a “hold” rating for the company.

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.