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

Posted by Latisha Jones on Feb 1st, 2025

StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR – Free Report) in a research note released on Wednesday. The brokerage issued a hold rating on the auto parts company’s stock.

Sypris Solutions Trading Down 2.3 %

SYPR stock opened at $2.14 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 1.26 and a debt-to-equity ratio of 0.45. The company has a market cap of $49.26 million, a price-to-earnings ratio of -16.46 and a beta of 1.04. The business has a fifty day simple moving average of $1.92 and a 200-day simple moving average of $1.69. Sypris Solutions has a 52 week low of $1.27 and a 52 week high of $3.72.

Sypris Solutions (NASDAQ:SYPR – Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The auto parts company reported $0.02 EPS for the quarter. The company had revenue of $35.66 million during the quarter. Sypris Solutions had a negative return on equity of 14.38% and a negative net margin of 2.05%.

Institutional Investors Weigh In On Sypris Solutions

A hedge fund recently bought a new stake in Sypris Solutions stock. Belvedere Trading LLC purchased a new position in shares of Sypris Solutions, Inc. (NASDAQ:SYPR – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 55,396 shares of the auto parts company’s stock, valued at approximately $99,000. Belvedere Trading LLC owned 0.24% of Sypris Solutions at the end of the most recent quarter. Hedge funds and other institutional investors own 44.66% of the company’s stock.

About Sypris Solutions

(Get Free Report)

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.