How to Buy Sypris Solutions Stock
Sypris Solutions Inc
Sypris Solutions, Inc. provides truck components, oil and gas pipeline components, and aerospace and defense electronics primarily in North America and Mexico.
Sypris Solutions stock last closed at $1.40, down 1.41% from the previous day, and has decreased 32.69% in one year. It has underperformed other stocks in the Auto Parts industry by 0.27 percentage points. Sypris Solutions stock is currently +10.24% from its 52-week low of $1.27, and -39.13% from its 52-week high of $2.30.
There are currently 22.4M shares of SYPR outstanding. The market cap of SYPR is $31.37M. In the last 24 hours, 42,046 SYPR shares were traded.
How to Buy Sypris Solutions Stock
Wondering how to invest in Sypris Solutions stock? Here's how.
- Figure out where to buy Sypris Solutions stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Sypris Solutions stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your info.
- Analyze Sypris Solutions stock: The Sypris Solutions ticker symbol is SYPR. Is Sypris Solutions stock a good investment? Should you buy shares of SYPR? How do SYPR's underlying business fundamentals look? Do top analysts think Sypris Solutions is a good buy? Why has SYPR's stock price moved recently? (Hint: Our stock market research website can help you evaluate if SYPR is a good stock to buy).
- Make your SYPR purchase: Decide if you will purchase SYPR shares at the current market price or use a limit order to buy SYPR stock at a given price.
- Get key alerts regarding your investment in SYPR: Create a watchlist to keep track of your position in Sypris Solutions shares.
Step 1: Figure out where to buy Sypris Solutions stock
You need a brokerage account in order to access the NASDAQ market and buy SYPR shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
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- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you can invest in SYPR today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on the best app for stock investing, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Sypris Solutions stock
Once you have identified the best place to buy Sypris Solutions stock, it's important to analyze their stock before you buy, so you can comprehend the risk and upside.
Sypris Solutions Metrics
Sypris Solutions Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SYPR's stock page.
Is SYPR stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SYPR's fair value.
Using relative valuations metrics:
- SYPR may be undervalued based on its P/B ratio of 1.4x, relative to Auto Parts industry P/B ratio of 1.78x
You can access additional valuation analysis on SYPR's stock here.
A quick look at SYPR Financials
Passed Financial Due Diligence Checks:
- SYPR profit margin has gone up from -2.3% to -1.2% in the past year.
- There are more short-term assets than short-term liabilities on the SYPR balance sheet.
- SYPR has $7.88M in cash and short term investments. This is enough to cover its annual cash burn of $13.23M.
- There are more short-term assets than long-term liabilities on the SYPR balance sheet.
Failed Financial Due Diligence Checks:
- SYPR has a relatively high debt to equity ratio of 4.76.
- Total SYPR debt is higher than 5 years ago, relative to shareholder equity.
- SYPR has cash burn of 13228000. It does not have enough cash and short-term investments to cover this.
SYPR Trading Indicators
SYPR Growth Numbers
Last year, SYPR revenue was $136.22M. In the last 5 year, SYPR's revenue has gone up by 9.14% per year. This was slower than the Auto Parts industry average of 9.17%.
Dive into SYPR's earnings and revenue performance here.
What are SYPR insiders up to?
In the last 12 months, executives and large shareholders at SYPR have not bought or sold any shares.
Research more about who owns SYPR shares here.
Does SYPR stock generate passive income?
No, Sypris Solutions doesn't provide an income stream by paying out dividends.
What do other traders have to say about SYPR?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your SYPR purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Click the Open Trade button and eToro will place the order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in SYPR
Now that you own some shares in SYPR, you'll want to keep up with your new investment.
Put SYPR on a watchlist to see the latest developments about your SYPR stock.
SYPR Feed
How to Buy Stock in Sypris Solutions
To reiterate, here are the 6 steps for buying Sypris Solutions stock:
- Figure out where to buy Sypris Solutions stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Sypris Solutions stock
- Make your SYPR purchase
- Get key alerts regarding your investment in SYPR
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Sypris Solutions, click the button below.
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