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

Equities researchers at StockNews.com began coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the auto parts company’s stock.

Sypris Solutions Stock Performance

Sypris Solutions stock opened at $3.05 on Friday. The firm has a 50 day simple moving average of $1.63 and a 200-day simple moving average of $1.66. The stock has a market cap of $70.22 million, a price-to-earnings ratio of -23.46 and a beta of 1.04. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.41. Sypris Solutions has a 1-year low of $1.27 and a 1-year high of $3.72.

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.