Sypris Solutions (NASDAQ:SYPR) announced its earnings results on Wednesday. The auto parts company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.06, Morningstar.com reports. Sypris Solutions had a negative return on equity of 36.94% and a negative net margin of 4.58%. The business had revenue of $24.44 million during the quarter. Sypris Solutions updated its FY 2019 guidance to EPS.
Shares of NASDAQ:SYPR traded down $0.01 during trading hours on Friday, hitting $1.04. 200 shares of the company’s stock traded hands, compared to its average volume of 7,491. Sypris Solutions has a 1 year low of $0.70 and a 1 year high of $1.65. The business has a fifty day moving average price of $0.87 and a 200-day moving average price of $0.96. The company has a quick ratio of 0.74, a current ratio of 1.50 and a debt-to-equity ratio of 1.18.
Sypris Solutions Company Profile
Further Reading: Oversold
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