Sypris Solutions (NASDAQ:SYPR) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Sypris Solutions, Inc. (NASDAQ:SYPR)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.25 and traded as high as $3.77. Sypris Solutions shares last traded at $3.50, with a volume of 613,158 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sypris Solutions in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Sypris Solutions Stock Up 13.3%

The stock has a 50-day moving average of $2.57 and a 200-day moving average of $2.25. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.54 and a quick ratio of 0.50. The firm has a market cap of $80.61 million, a price-to-earnings ratio of -35.00 and a beta of 0.74.

Sypris Solutions (NASDAQ:SYPR) last announced its quarterly earnings data on Wednesday, November 12th. The auto parts company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $28.67 million for the quarter. Sypris Solutions had a negative net margin of 1.87% and a negative return on equity of 11.91%.

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.