Sypris Solutions (NASDAQ:SYPR) Receives Sell (D-) Rating from Weiss Ratings

Key Points

• Sypris Solutions received a "sell (D-)" rating from Weiss Ratings, indicating a negative outlook on the stock.
• The company's stock is currently trading at $2.38, with a one-year trading range from $1.30 to $3.72.
• In its latest earnings report, Sypris Solutions reported a loss of ($0.09) EPS and a revenue of $31.43 million for the quarter.

Sypris Solutions (NASDAQ:SYPR - Get Free Report)'s stock had its "sell (d-)" rating reissued by Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Sypris Solutions Trading Up 4.4%

Shares of SYPR stock opened at $2.38 on Wednesday. The company's fifty day simple moving average is $2.07 and its two-hundred day simple moving average is $1.92. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.38 and a quick ratio of 0.43. Sypris Solutions has a 1 year low of $1.30 and a 1 year high of $3.72. The stock has a market capitalization of $54.81 million, a price-to-earnings ratio of -23.80 and a beta of 0.92.

Sypris Solutions (NASDAQ:SYPR - Get Free Report) last issued its earnings results on Tuesday, August 12th. The auto parts company reported ($0.09) earnings per share (EPS) for the quarter. Sypris Solutions had a negative net margin of 1.86% and a negative return on equity of 12.86%. The business had revenue of $31.43 million for the quarter.

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.

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