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

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Key Points

  • Technical move: Shares crossed above its 200-day moving average (200‑day MA $2.80), trading up to $3.42 and last at $3.33 with the 50‑day MA near $3.32, indicating short‑term momentum.
  • Analyst sentiment: Recent downgrades from Wall Street Zen and Weiss Ratings leave the stock with an average rating of "Sell".
  • Fundamentals/earnings: The company reported Q1 EPS of ($0.17), missing estimates by $0.15 despite higher revenue, and shows negative margins and ROE plus a low quick ratio (0.44) and a small market cap (~$76.7M).
  • Five stocks to consider instead of Sypris Solutions.

Shares of Sypris Solutions, Inc. (NASDAQ:SYPR - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.80 and traded as high as $3.42. Sypris Solutions shares last traded at $3.33, with a volume of 27,821 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages recently commented on SYPR. Wall Street Zen downgraded shares of Sypris Solutions from a "hold" rating to a "sell" rating in a research report on Saturday, March 28th. Weiss Ratings reissued a "sell (d-)" rating on shares of Sypris Solutions in a research report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of "Sell".

Read Our Latest Stock Report on SYPR

Sypris Solutions Stock Performance

The business's fifty day moving average price is $3.32 and its 200-day moving average price is $2.80. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.44 and a current ratio of 1.28. The stock has a market cap of $76.69 million, a PE ratio of -11.89 and a beta of 0.81.

Sypris Solutions (NASDAQ:SYPR - Get Free Report) last announced its quarterly earnings results on Thursday, March 26th. The auto parts company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.15). The company had revenue of $30.28 million for the quarter, compared to analysts' expectations of $21.70 million. Sypris Solutions had a negative net margin of 5.29% and a negative return on equity of 33.62%.

Institutional Trading of Sypris Solutions

An institutional investor recently bought a new position in Sypris Solutions stock. Jane Street Group LLC purchased a new stake in shares of Sypris Solutions, Inc. (NASDAQ:SYPR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 12,631 shares of the auto parts company's stock, valued at approximately $31,000. Jane Street Group LLC owned about 0.05% of Sypris Solutions as of its most recent SEC filing. 44.66% of the stock is currently owned by institutional investors and hedge funds.

Sypris Solutions Company Profile

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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