Sypris Solutions (NASDAQ:SYPR) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPRGet Rating) in a report published on Monday. The brokerage issued a hold rating on the auto parts company’s stock.

Sypris Solutions Trading Up 3.7 %

SYPR opened at $2.22 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.63 and a quick ratio of 0.79. The company has a market cap of $49.13 million, a price-to-earnings ratio of -22.20 and a beta of 1.27. The firm has a 50 day simple moving average of $1.98 and a 200 day simple moving average of $2.07. Sypris Solutions has a fifty-two week low of $1.71 and a fifty-two week high of $3.56.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in Sypris Solutions during the first quarter valued at approximately $53,000. Apis Capital Advisors LLC acquired a new position in shares of Sypris Solutions in the first quarter valued at approximately $81,000. Vanguard Group Inc. boosted its holdings in shares of Sypris Solutions by 5.7% in the first quarter. Vanguard Group Inc. now owns 480,711 shares of the auto parts company’s stock valued at $1,294,000 after buying an additional 26,000 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of Sypris Solutions in the first quarter valued at approximately $4,939,000. Institutional investors and hedge funds own 8.69% of the company’s stock.

Sypris Solutions Company Profile

(Get Rating)

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.

Featured Articles

Receive News & Ratings for Sypris Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sypris Solutions and related companies with MarketBeat.com's FREE daily email newsletter.