Sypris Solutions (NASDAQ:SYPR) Issues Quarterly Earnings Results

Sypris Solutions (NASDAQ:SYPR) announced its quarterly earnings data on Thursday. The auto parts company reported $0.01 earnings per share for the quarter, Zacks reports. The company had revenue of $33.45 million during the quarter. Sypris Solutions had a negative net margin of 2.05% and a negative return on equity of 14.38%.

Sypris Solutions Stock Performance

Shares of Sypris Solutions stock opened at $1.61 on Friday. Sypris Solutions has a 12 month low of $1.27 and a 12 month high of $3.72. The stock’s fifty day moving average price is $1.89 and its 200-day moving average price is $1.74. The firm has a market cap of $37.07 million, a P/E ratio of -12.38 and a beta of 1.08. The company has a current ratio of 1.26, a quick ratio of 0.41 and a debt-to-equity ratio of 0.45.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Sypris Solutions in a research note on Wednesday. They set a “hold” rating for the company.

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.