Sypris Solutions (NASDAQ:SYPR) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Sypris Solutions (NASDAQ:SYPRGet Free Report) in a report released on Tuesday. The firm set a “hold” rating on the auto parts company’s stock.

Separately, TheStreet downgraded Sypris Solutions from a “c-” rating to a “d+” rating in a report on Tuesday, February 20th.

Get Our Latest Analysis on Sypris Solutions

Sypris Solutions Trading Up 1.2 %

NASDAQ SYPR opened at $1.70 on Tuesday. The company has a quick ratio of 0.36, a current ratio of 1.16 and a debt-to-equity ratio of 0.41. Sypris Solutions has a twelve month low of $1.27 and a twelve month high of $2.30. The company has a market cap of $38.71 million, a price-to-earnings ratio of -10.00 and a beta of 0.91. The business’s fifty day moving average is $1.50 and its 200 day moving average is $1.78.

Sypris Solutions (NASDAQ:SYPRGet Free Report) last released its quarterly earnings data on Wednesday, May 15th. The auto parts company reported ($0.10) earnings per share for the quarter. Sypris Solutions had a negative net margin of 2.61% and a negative return on equity of 16.73%. The firm had revenue of $35.55 million for the quarter.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Barlow Wealth Partners Inc. bought a new position in Sypris Solutions during the 4th quarter worth $51,000. Dynamic Advisor Solutions LLC raised its position in Sypris Solutions by 3.2% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 4,309,154 shares of the auto parts company’s stock worth $6,852,000 after purchasing an additional 134,802 shares during the last quarter. Finally, Williams & Novak LLC bought a new position in Sypris Solutions during the 4th quarter worth $8,471,000. 44.66% of the stock is owned by institutional investors.

Sypris Solutions Company Profile

(Get Free Report)

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.

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