Wall Street Zen Upgrades Sypris Solutions (NASDAQ:SYPR) to Hold

Sypris Solutions (NASDAQ:SYPR) was upgraded by investment analysts at Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday.

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

Sypris Solutions Stock Performance

Shares of NASDAQ SYPR opened at $3.10 on Friday. The company has a quick ratio of 0.50, a current ratio of 1.54 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $71.39 million, a price-to-earnings ratio of -31.00 and a beta of 0.84. The stock’s fifty day simple moving average is $2.92 and its 200 day simple moving average is $2.38. Sypris Solutions has a 52-week low of $1.42 and a 52-week high of $4.74.

Institutional Trading of Sypris Solutions

An institutional investor recently bought a new position in Sypris Solutions stock. Jane Street Group LLC bought a new stake in Sypris Solutions, Inc. (NASDAQ:SYPR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,631 shares of the auto parts company’s stock, valued at approximately $31,000. Jane Street Group LLC owned approximately 0.05% of Sypris Solutions at the end of the most recent reporting period. 44.66% of the stock is owned by hedge funds and other institutional investors.

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.