Sypris Solutions, Inc. (NASDAQ:SYPR) was the target of a significant growth in short interest in the month of November. As of November 29th, there was short interest totalling 28,100 shares, a growth of 680.6% from the November 14th total of 3,600 shares. Based on an average trading volume of 37,300 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the stock are short sold.
Shares of NASDAQ SYPR traded up $0.03 during mid-day trading on Wednesday, reaching $0.75. 637 shares of the company traded hands, compared to its average volume of 20,991. Sypris Solutions has a fifty-two week low of $0.70 and a fifty-two week high of $1.52. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.50 and a quick ratio of 0.77. The stock has a fifty day simple moving average of $0.89 and a 200-day simple moving average of $0.92.
Sypris Solutions (NASDAQ:SYPR) last issued its earnings results on Tuesday, November 12th. The auto parts company reported ($0.07) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.12). The business had revenue of $22.26 million for the quarter. Sypris Solutions had a negative return on equity of 17.94% and a negative net margin of 2.82%.
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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