Sypris Solutions (NASDAQ:SYPR) Issues Earnings Results

Sypris Solutions (NASDAQ:SYPR) announced 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 Up 2.1 %

NASDAQ:SYPR traded up $0.04 on Thursday, reaching $1.67. 2,746 shares of the stock traded hands, compared to its average volume of 48,758. 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 company has a market capitalization of $38.33 million, a price-to-earnings ratio of -12.81 and a beta of 1.08. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $3.72. The company’s fifty day simple moving average is $1.91 and its 200 day simple moving average is $1.74.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Sypris Solutions in a report on Wednesday. They issued a “hold” rating on the stock.

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.