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

StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research note issued to investors on Friday. The firm issued a hold rating on the auto parts company’s stock.

Sypris Solutions Price Performance

SYPR opened at $2.08 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $47.89 million, a P/E ratio of -16.00 and a beta of 1.06. The stock has a 50-day moving average price of $1.51 and a 200-day moving average price of $1.64. Sypris Solutions has a 12-month low of $1.27 and a 12-month high of $2.93.

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.