Sypris Solutions (NASDAQ:SYPR) Receives New Coverage from Analysts at StockNews.com

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

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

Sypris Solutions Trading Down 1.2 %

Shares of Sypris Solutions stock opened at $1.68 on Tuesday. Sypris Solutions has a 12-month low of $1.52 and a 12-month high of $2.30. The company has a current ratio of 1.20, a quick ratio of 0.31 and a debt-to-equity ratio of 0.37. The stock has a market cap of $37.65 million, a PE ratio of -21.00 and a beta of 0.91. The company has a 50-day moving average of $1.76 and a two-hundred day moving average of $1.91.

Institutional Trading of Sypris Solutions

Several large investors have recently modified their holdings of the business. Dynamic Advisor Solutions LLC grew its position in shares of Sypris Solutions by 3.2% in the first quarter. Dynamic Advisor Solutions LLC now owns 4,309,154 shares of the auto parts company’s stock valued at $6,852,000 after purchasing an additional 134,802 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Sypris Solutions by 5.4% in the fourth quarter. Vanguard Group Inc. now owns 506,647 shares of the auto parts company’s stock valued at $1,028,000 after purchasing an additional 25,763 shares during the last quarter. Barlow Wealth Partners Inc. acquired a new stake in shares of Sypris Solutions in the fourth quarter valued at approximately $51,000. Williams & Novak LLC acquired a new stake in shares of Sypris Solutions in the fourth quarter valued at approximately $8,471,000. Finally, Dimensional Fund Advisors LP grew its position in shares of Sypris Solutions by 21.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 74,870 shares of the auto parts company’s stock valued at $151,000 after purchasing an additional 13,389 shares during the last quarter. 44.66% of the stock is currently owned by institutional investors and hedge funds.

About Sypris Solutions

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.