Sypris Solutions, Inc. (SYPR) Rating Increased to C- at TheStreet

Sypris Solutions, Inc. (NASDAQ:SYPR) was upgraded by investment analysts at TheStreet from a “d+” rating to a “c-” rating in a note issued to investors on Thursday.

Sypris Solutions (SYPR) traded down 2.94% on Thursday, reaching $1.65. 34,913 shares of the company’s stock were exchanged. Sypris Solutions has a 1-year low of $0.83 and a 1-year high of $1.84. The company has a 50 day moving average price of $1.66 and a 200-day moving average price of $1.29. The company has a market capitalization of $33.58 million, a PE ratio of 3.42 and a beta of 0.35.

Sypris Solutions (NASDAQ:SYPR) last issued its quarterly earnings results on Tuesday, August 15th. The auto parts company reported ($0.11) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.08) by $0.03. Sypris Solutions had a net margin of 12.24% and a negative return on equity of 94.07%. The firm had revenue of $21.25 million during the quarter. On average, equities research analysts anticipate that Sypris Solutions will post ($0.32) earnings per share for the current year.

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Sypris Solutions Company Profile

Sypris Solutions, Inc (Sypris) is a provider of outsourced services and specialty products. The Company offers a range of manufacturing, engineering, design and other technical services. The Company operates through two segments: Sypris Technologies and Sypris Electronics. Sypris Technologies segment, which consists of Sypris Technologies, Inc and its subsidiaries, is engaged in the sale of goods and manufacturing services to customers in the market for truck components and assemblies and from the sale of products to the energy and chemical markets.

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