Sypris Solutions (NASDAQ:SYPR) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Shares of Sypris Solutions, Inc. (NASDAQ:SYPR) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.03 and traded as high as $2.17. Sypris Solutions shares last traded at $2.11, with a volume of 39,400 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sypris Solutions in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Sypris Solutions Price Performance

The company has a quick ratio of 0.43, a current ratio of 1.38 and a debt-to-equity ratio of 0.57. The stock’s 50 day moving average price is $2.15 and its two-hundred day moving average price is $2.03. The stock has a market cap of $48.59 million, a price-to-earnings ratio of -21.10 and a beta of 0.92.

Sypris Solutions (NASDAQ:SYPR) last posted its quarterly earnings results on Wednesday, November 12th. The auto parts company reported $0.02 EPS for the quarter. The company had revenue of $28.67 million for the quarter. Sypris Solutions had a negative net margin of 1.86% and a negative return on equity of 12.86%.

Sypris Solutions Company Profile

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.