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

StockNews.com initiated coverage on shares of Sypris Solutions (NASDAQ:SYPR) in a report released on Tuesday. The brokerage set a “hold” rating on the auto parts company’s stock.

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

Sypris Solutions Trading Down 1.8 %

SYPR stock opened at $1.66 on Tuesday. The firm has a fifty day moving average price of $1.77 and a 200 day moving average price of $1.91. Sypris Solutions has a fifty-two week low of $1.52 and a fifty-two week high of $2.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.31 and a current ratio of 1.20. The firm has a market cap of $37.19 million, a PE ratio of -20.75 and a beta of 0.91.

Institutional Trading of Sypris Solutions

A number of institutional investors have recently bought and sold shares of SYPR. Barlow Wealth Partners Inc. bought a new stake in Sypris Solutions in the fourth quarter worth $51,000. Virtu Financial LLC bought a new stake in Sypris Solutions in the first quarter worth $53,000. Dimensional Fund Advisors LP lifted its position in 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 worth $151,000 after buying an additional 13,389 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Sypris Solutions by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 506,647 shares of the auto parts company’s stock worth $1,028,000 after purchasing an additional 25,763 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new stake in shares of Sypris Solutions during the first quarter worth $4,939,000. 44.66% of the stock is currently owned by institutional investors.

Sypris Solutions Company Profile

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.