Shares of Sypris Solutions, Inc. (NASDAQ:SYPR) have moved 86.36% so far in 2017 and they are now 65.66% from where the price during the same period last year.
Over the past six months the shares price has moved 67.35%, while it has moved 84.29% over the previous quarter. Over the last week and the past one month, the shares price has moved 10.81%% and 57.69%, respectively.
The Barchart Technical Opinion rating is a 96% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend. The market is approaching overbought territory. Be watchful of a trend reversal.
Recently, Sypris Solutions, Inc. (NASDAQ:SYPR) stated that studying the technical demonstrates its 20-Day Simple Moving Average is $24.39% and 50-Day Simple Moving Average is $43.08% while 200-Day Simple Moving Average is $63.32%.
The stock has dropped to a low of $92.94% over the previous 50 days and made a high of $2.50% over the same period. Though, the stock?s price range in the previous 12 months is a high of $2.50% and a low of $118.67%.
Analysts following Sypris Solutions, Inc. have a mean recommendation of 3.00 on its stock. Recommendation of 1 indicates STRONG BUY, 3 shows HOLD and 5 indicates SELL.
The stock is trading around $1.64, but it should be trading around $5.00 by the close of the next 12 months as per the analysts.
The equity’s average volume, which is the mean of three months, is 52.56K, while its relative volume is 2.91.
Insiders own 34.10% of Sypris Solutions, Inc., while institutional investors hold 16.10% of the company.
Of the firm’s 20.37M shares due, 11.37M are free float. Of the floating shares, 0.36% are sold short, which brings short ratio to 0.78.
Sypris Solutions, Inc. posted EPS for the preceding fiscal year and the ongoing year’s EPS is projected to increase 121.30% over the previous year’s EPS.
The firm’s next earnings date is planned for May 16/b.
Sypris Solutions is a diversified provider of outsourced services and specialty products. The Company performs a wide range of manufacturing, engineering and other technical services, often under sole-source contracts with corporations and government agencies in the markets for truck components, oil and gas pipeline components and aerospace and defense electronics