Sypris Solutions (NASDAQ:SYPR) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a note issued to investors on Tuesday. The firm set a “hold” rating on the auto parts company’s stock.

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

Sypris Solutions Price Performance

NASDAQ:SYPR opened at $1.68 on Tuesday. Sypris Solutions has a one year low of $1.52 and a one year high of $2.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.31 and a current ratio of 1.20. The firm has a market cap of $37.65 million, a price-to-earnings ratio of -21.00 and a beta of 0.91. The firm’s fifty day moving average is $1.76 and its two-hundred day moving average is $1.91.

Institutional Investors Weigh In On Sypris Solutions

Several hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of Sypris Solutions by 21.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 74,870 shares of the auto parts company’s stock worth $151,000 after acquiring an additional 13,389 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Sypris Solutions during the 1st quarter worth about $53,000. Barlow Wealth Partners Inc. purchased a new stake in shares of Sypris Solutions during the 4th quarter worth about $51,000. Vanguard Group Inc. boosted its stake in shares of Sypris Solutions by 5.4% during the 4th quarter. Vanguard Group Inc. now owns 506,647 shares of the auto parts company’s stock worth $1,028,000 after acquiring an additional 25,763 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of 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 acquiring an additional 134,802 shares in the last quarter. 44.66% of the stock is owned by hedge funds and other institutional investors.

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.