Bridgeway Capital Management LLC Has $116,000 Position in Sypris Solutions, Inc. (NASDAQ:SYPR)

Bridgeway Capital Management LLC reduced its stake in shares of Sypris Solutions, Inc. (NASDAQ:SYPR) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,204 shares of the auto parts company’s stock after selling 10,000 shares during the quarter. Bridgeway Capital Management LLC owned 0.28% of Sypris Solutions worth $116,000 as of its most recent SEC filing.

Separately, Belvedere Trading LLC acquired a new position in Sypris Solutions during the fourth quarter worth $99,000. Institutional investors own 44.66% of the company’s stock.

Sypris Solutions Stock Performance

Sypris Solutions stock opened at $1.64 on Wednesday. The stock has a 50-day simple moving average of $1.63 and a 200 day simple moving average of $1.76. 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, Inc. has a 12-month low of $1.30 and a 12-month high of $3.72. The stock has a market capitalization of $37.69 million, a price-to-earnings ratio of -12.62 and a beta of 0.95.

Sypris Solutions (NASDAQ:SYPR) last released its quarterly earnings results on Thursday, March 27th. The auto parts company reported $0.01 earnings per share (EPS) for the quarter. Sypris Solutions had a negative return on equity of 14.38% and a negative net margin of 2.05%. The business had revenue of $33.45 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Sypris Solutions in a research note on Tuesday. They issued a “hold” rating for the company.

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.