Barlow Wealth Partners Inc. Makes New Investment in Sypris Solutions, Inc. (NASDAQ:SYPR)

Barlow Wealth Partners Inc. purchased a new stake in Sypris Solutions, Inc. (NASDAQ:SYPR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,000 shares of the auto parts company’s stock, valued at approximately $51,000. Barlow Wealth Partners Inc. owned 0.11% of Sypris Solutions at the end of the most recent reporting period.

Separately, Dynamic Advisor Solutions LLC grew its holdings in Sypris Solutions by 4.4% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,174,352 shares of the auto parts company’s stock valued at $8,599,000 after purchasing an additional 176,805 shares during the period. Institutional investors and hedge funds own 44.66% of the company’s stock.

Sypris Solutions Stock Performance

Shares of NASDAQ:SYPR remained flat at $1.29 during trading on Tuesday. The stock had a trading volume of 20,068 shares, compared to its average volume of 28,641. The company has a 50-day moving average price of $1.64 and a 200-day moving average price of $1.85. The firm has a market capitalization of $29.37 million, a price-to-earnings ratio of -16.13 and a beta of 0.95. Sypris Solutions, Inc. has a 1-year low of $1.27 and a 1-year high of $2.30. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.31 and a current ratio of 1.20.

Sypris Solutions (NASDAQ:SYPR) last announced its quarterly earnings results on Monday, April 1st. The auto parts company reported ($0.05) earnings per share for the quarter. Sypris Solutions had a negative net margin of 1.17% and a negative return on equity of 7.32%. The business had revenue of $34.74 million for the quarter.

Analysts Set New Price Targets

A number of brokerages have weighed in on SYPR. StockNews.com initiated coverage on shares of Sypris Solutions in a report on Thursday, May 2nd. They issued a “hold” rating on the stock. TheStreet cut Sypris Solutions from a “c-” rating to a “d+” rating in a report on Tuesday, February 20th.

About Sypris Solutions

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.