Sypris Solutions (NASDAQ:SYPR) Shares Cross Above 200-Day Moving Average – Should You Sell?

Sypris Solutions, Inc. (NASDAQ:SYPR) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.10 and traded as high as $2.41. Sypris Solutions shares last traded at $2.32, with a volume of 49,280 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sypris Solutions in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Sypris Solutions Stock Performance

The firm’s 50 day moving average is $2.14 and its 200 day moving average is $2.10. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.50 and a current ratio of 1.54. The stock has a market cap of $53.43 million, a P/E ratio of -23.20 and a beta of 0.75.

Sypris Solutions (NASDAQ:SYPR) last released its quarterly earnings results on Wednesday, November 12th. The auto parts company reported $0.02 earnings per share (EPS) for the quarter. Sypris Solutions had a negative net margin of 1.87% and a negative return on equity of 11.91%. The business had revenue of $28.67 million for the quarter.

About Sypris Solutions

Sypris Solutions, Inc (NASDAQ: SYPR) is an engineering and manufacturing company headquartered in Tampa, Florida. The firm operates through two primary business segments—Contract Manufacturing and Power Solutions—delivering precision components, subassemblies, and service solutions to original equipment manufacturers (OEMs) and aftermarket customers. Sypris Solutions caters to a diverse range of end markets, including heavy truck, automotive, defense, and industrial power generation.

Within its Contract Manufacturing segment, Sypris Solutions offers end-to-end capabilities from design and prototyping to toolmaking and final assembly.