Sypris Solutions, Inc’s recent filing unveils that its Director Convis Gary L acquired Company’s shares for reported $8504.0 on Aug 22 ’24. In the deal valued at $1.58 per share,5,375 shares were bought. As a result of this transaction, Convis Gary L now holds 466,002 shares worth roughly $1.42 million.
Then, Convis Gary L bought 240 shares, generating $379 in total proceeds. Upon buying the shares at $1.58, the Director now owns 466,242 shares.
Before that, Convis Gary L bought 155 shares. Sypris Solutions, Inc shares valued at $248 were divested by the Director at a price of $1.60 per share. As a result of the transaction, Convis Gary L now holds 460,627 shares, worth roughly $1.4 million.
B. Riley FBR initiated its Sypris Solutions, Inc [SYPR] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Hold”. Needham also remained covering SYPR and has increased its forecast on August 06, 2014 with a “Buy” recommendation from previously “Hold” rating. Needham revised its rating on March 12, 2013. It rated SYPR as “a Hold” which previously was an “a Buy”.
Price Performance Review of SYPR
On Monday, Sypris Solutions, Inc [NASDAQ:SYPR] saw its stock jump 15.09% to $3.05. Over the last five days, the stock has gained 47.34%. Sypris Solutions, Inc shares have risen nearly 71.35% since the year began. Nevertheless, the stocks have risen 48.78% over the past one year. While a 52-week high of $3.20 was reached on 01/06/25, a 52-week low of $1.27 was recorded on 01/02/25. SMA at 50 days reached $1.62, while 200 days put it at $1.63.
Levels Of Support And Resistance For SYPR Stock
The 24-hour chart illustrates a support level at 2.54, which if violated will result in even more drops to 2.03. On the upside, there is a resistance level at 3.64. A further resistance level may holdings at 4.23. The Relative Strength Index (RSI) on the 14-day chart is 76.08, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.88%. Stochastics %K at 48.16% indicates the stock is a holding.
How much short interest is there in Sypris Solutions, Inc?
A steep rise in short interest was recorded in Sypris Solutions, Inc stocks on 2024-10-31, dropping by 704.0 shares to a total of 0.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.61 million shares. There was a decline of -0.12%, which implies that there is a negative sentiment for the stock.
