StockNews.com Begins Coverage on Sypris Solutions (NASDAQ:SYPR)

Research analysts at StockNews.com started coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research note issued to investors on Saturday. The brokerage set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Trading Up 2.0 %

SYPR opened at $2.07 on Friday. The stock has a market capitalization of $47.66 million, a price-to-earnings ratio of -15.92 and a beta of 1.06. 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 has a twelve month low of $1.27 and a twelve month high of $2.93. The company has a 50-day simple moving average of $1.56 and a 200 day simple moving average of $1.65.

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.