Sypris Solutions (NASDAQ:SYPR) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Sypris Solutions, Inc. (NASDAQ:SYPR) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.25 and traded as high as $3.77. Sypris Solutions shares last traded at $3.50, with a volume of 613,158 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sypris Solutions in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Sypris Solutions Stock Up 13.3%

The company has a market cap of $80.61 million, a PE ratio of -35.00 and a beta of 0.74. The company has a fifty day moving average of $2.57 and a two-hundred day moving average of $2.25. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.50 and a current ratio of 1.54.

Sypris Solutions (NASDAQ:SYPR) last posted its quarterly earnings data on Wednesday, November 12th. The auto parts company reported $0.02 earnings per share 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.

Sypris Solutions Company Profile

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.