Sypris Solutions (NASDAQ:SYPR) Trading Down 8.5%

Sypris Solutions, Inc. (NASDAQ:SYPR) shares were down 8.5% on Friday . The stock traded as low as $0.73 and last traded at $0.75, approximately 575,257 shares traded hands during mid-day trading. An increase of 2,769% from the average daily volume of 20,053 shares. The stock had previously closed at $0.82.

The company’s fifty day simple moving average is $0.92 and its two-hundred day simple moving average is $0.92. The company has a quick ratio of 0.77, a current ratio of 1.50 and a debt-to-equity ratio of 1.20.

Sypris Solutions (NASDAQ:SYPR) last announced its quarterly earnings results on Tuesday, November 12th. The auto parts company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.12). Sypris Solutions had a negative net margin of 2.82% and a negative return on equity of 17.94%. The firm had revenue of $22.26 million during the quarter.

About Sypris Solutions (NASDAQ:SYPR)

Sypris Solutions, Inc provides truck components, oil and gas pipeline components, and aerospace and defense electronics in the United States and Mexico. It operates through two segments, Sypris Technologies and Sypris Electronics. The Sypris Technologies segment supplies forged and machined components for the commercial vehicle, off highway vehicle, light truck, automotive, and energy markets.

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