Sypris Solutions Inc. (NASDAQ:SYPR) currently has a daily average trading volume of 1.80M but it saw 12324715 shares traded on Wednesday. With a market cap of 43.22M USDstock’s current market price of $1.85 came rising about 81.37 while comparing to the previous closing price of $1.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.15 and as low as $0.54. In the recent trading on the day, stock has struck highest price mark of $1.95 while lowest mark touched by it was $0.9787.
Taking a look at 20-day trading activity of Sypris Solutions Inc. (SYPR) gives us an average price of $1.1798, while its current price level is -13.95% below from 52-week high level whereas it is 243.55% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.9287 while that of 200 days or SMA-200 reads an average of $0.8318. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.85% during that period while stretching the period over a month that decreases to 26.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 68.00 which implies that the stock is in neutral territory.
Sypris Solutions Inc. (SYPR)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $1.25 and $1.25 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $1.25 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $1.25. Average price target assigned by them is $1.25 which highlights a downside potential of -48.0% for the stock over that period. And to attain the median price target of $1.25 assigned by those analysts, stock has to subtract about -48.0% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Hold.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley FBR which initiated the stock as “Neutral” in its note to investors issued on December 20, 2018, recommending a price target of for it. Needham downgraded its recommendation for the stock as a “Hold” from “Buy” on April 01, 2015 while assigning a price target of. Needham issued its recommendations for the stock as it upgraded the price target for the stock is $6.
Over the week, SYPR’s stock price is moving 20.92% up while it is 150.00% when we observe its performance for the past one month. Year-to-date it is 137.15% up and over the past year, the stock is showing an upside performance of 85.00%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2019, when its quarterly earnings per share (EPS) of -$0.04 beaten by the consensus estimate of $0.01 for the same. The company is expected to be releasing its next quarterly report in 11/17/2020, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0. In next quarter, company is expected to be making quarterly sales of $20 million as analysts are expecting the sales for current fiscal year at $82.2 million and seeing the company making $92.75 million in sales next year. Moreover, analysts are in estimates of $20.7 million for current-quarter revenue.
Currently, Sypris Solutions Inc.’s total number of outstanding shares is 20.99M with 48.34% of that held by the insiders while 8.86% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -12.20% and return on equity (ROE) at -29.70%. Stock’s beta reads 1.26. Stock has a price to book (P/B) ratio of 3.43 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is -6.40% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Vanguard Extended Market Index Fu came shrinking its share ownership by 0.00% in the Sypris Solutions Inc. (SYPR) decreasing its stake to 0.41% with control over 0.0 shares in the company. As per SEC documents, Vanguard Extended Market Index Fu shunned 86,639 of company’s common stock of worth $94437.0 as per recent closing price of the stock. Vanguard Extended Market Index Fu is not the only institutional holder which restructured its stake in Sypris Solutions Inc., as Bridgeway Ultra Small Company Mar dumped 84,404 shares of worth $92000.0 to bring its holdings to a total of 0.0 shares. In the most recent quarter, Vanguard Total Stock Market Index came cutting its stake by 0.00% in the company and now holds 35375.0 or 0.17% of the company’s stake having worth of about 38559.0.