Sypris Solutions (NASDAQ:SYPR) Releases Earnings Results

Sypris Solutions (NASDAQ:SYPR) issued its quarterly earnings data on Thursday. The auto parts company reported $0.01 EPS 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 Stock Down 0.7 %

SYPR opened at $1.66 on Friday. The firm’s 50 day simple moving average is $1.90 and its two-hundred day simple moving average is $1.74. The company has a market capitalization of $38.17 million, a PE ratio of -12.75 and a beta of 1.08. Sypris Solutions has a 1-year low of $1.27 and a 1-year high of $3.72. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Sypris Solutions in a research note on Wednesday. They set 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.