SYPR Stock Summary and Trading Ideas (Sypris Solutions | NASDAQ:SYPR)

Sypris Solutions Inc is a USA-based company engaged in providing truck components, oil and gas pipeline components, and aerospace and defense electronics. The company offers a range of manufacturing, engineering, design, and other technical services. The business activity of the firm is functioned through Sypris Technologies and Sypris Electronics segments. Sypris Technologies segment is engaged in the sale of machined, welded, and heat-treated steel components for heavy commercial vehicle and high-pressure energy pipeline applications whereas the Sypris Electronics segment is engaged in the sale of manufacturing services, technical services, and products to customers in the market for aerospace and defense electronics. Sypris derives the revenue from the Technologies segment.

Sypris Solutions trades on the NASDAQ stock market under the symbol SYPR.

As of December 13, 2024, SYPR stock price was flat at $1.57 with 2,132 million shares trading.

SYPR has a market cap of $36.14 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SYPR traded as high as $3.56 and as low as $1.27.

The top ETF exchange traded funds that SYPR belongs to (by Net Assets): VTI, VXF, IWC.

SYPR has underperformed the market in the last year with a return of -18.2%, while the SPY ETF gained +29.9%. In the last 3 month period, SYPR fell short of the market, returning 0.0%, while SPY returned +7.8%. However, in the most recent 2 weeks SYPR has outperformed the stock market by returning +0.6%, while SPY returned +0.3%.

SYPR support price is $1.50 and resistance is $1.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SYPR shares will trade within this expected range on the day.