Sypris Solutions, Inc. (NASDAQ:SYPR) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 5,000 shares, a decrease of 46.2% from the September 30th total of 9,300 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 26,900 shares, the days-to-cover ratio is currently 0.2 days.
NASDAQ SYPR traded up $0.01 on Friday, hitting $0.82. The company’s stock had a trading volume of 16,846 shares, compared to its average volume of 31,531. The company has a current ratio of 1.57, a quick ratio of 0.84 and a debt-to-equity ratio of 1.09. Sypris Solutions has a 1-year low of $0.70 and a 1-year high of $1.52. The company’s 50-day moving average is $1.02 and its 200 day moving average is $0.93.
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 Thomson Reuters’ 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 17.62%. The business had revenue of $22.26 million during the quarter.
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.
Read More: What are the FAANG Stocks?
Receive News & Ratings for Sypris Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sypris Solutions and related companies with MarketBeat.com's FREE daily email newsletter.