While Sypris Solutions, Inc has overperformed by 11.93%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SYPR rose by 37.08%, with highs and lows ranging from $3.72 to $1.42, whereas the simple moving average jumped by 22.86% in the last 200 days.
On December 20, 2018, B. Riley FBR started tracking Sypris Solutions, Inc (NASDAQ: SYPR) recommending Neutral. A report published by Needham on April 01, 2015, Downgraded its rating to ‘Hold’ for SYPR. Needham also Upgraded SYPR shares as ‘Buy’, setting a target price of $6 on the company’s shares in a report dated August 06, 2014. Hilliard Lyons November 20, 2009d its ‘Underperform’ rating to ‘Neutral’ for SYPR, as published in its report on November 20, 2009. Needham’s report from July 31, 2008 suggests a price prediction of $6 for SYPR shares, giving the stock a ‘Buy’ rating. Robert W. Baird also rated the stock as ‘Outperform’.
Analysis of Sypris Solutions, Inc (SYPR)
Further, the quarter-over-quarter decrease in sales is -19.59%, showing a negative trend in the upcoming months.
Sypris Solutions, Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -12.14% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.50, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and SYPR has an average volume of 36.26K. On a monthly basis, the volatility of the stock is set at 7.95%, whereas on a weekly basis, it is put at 9.11%, with a loss of -3.56% over the past seven days. Furthermore, long-term investors anticipate a median target price of $1.25, showing decline from the present price of $2.44, which can serve as yet another indication of whether SYPR is worth investing in or should be passed over.
How Do You Analyze Sypris Solutions, Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 46.62%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 17.10% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
