Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sypris Solutions, Inc shares valued at $8,504 were purchased by Convis Gary L on Aug 22 ’24. At $1.58 per share, Convis Gary L acquired 5,375 shares. The insider’s holdings grew to 466,002 shares worth approximately $0.99 million following the completion of this transaction.
Also, Convis Gary L purchased 240 shares, netting a total of over 379 in proceeds. Following the buying of shares at $1.58 each, the insider now holds 466,242 shares.
Before that, Convis Gary L had added 155 shares to its account. In a trade valued at $248, the Director bought Sypris Solutions, Inc shares for $1.60 each. Upon closing the transaction, the insider’s holdings increased to 155 shares, worth approximately $0.98 million.
As published in their initiating research note from B. Riley FBR on December 20, 2018, Sypris Solutions, Inc [SYPR] has been a Neutral. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early April. As of August 06, 2014, Needham has increased its “Hold” rating to a “Buy” for SYPR. Earlier on March 12, 2013, Needham downgraded its rating. Their new recommendation was “a Hold” for SYPR stock which previously was a “a Buy”.
Analyzing SYPR Stock Performance
During the last five days, there has been a surge of approximately 19.10%. Over the course of the year, Sypris Solutions, Inc shares have jumped approximately 19.10%. Shares of the company reached a 52-week high of $3.72 on 01/06/25 and a 52-week low of $1.63 on 01/02/25. A 50-day SMA is recorded $1.65, while a 200-day SMA reached $1.63. Nevertheless, trading volume fell to 0.21 million shares from 0.26 million shares the previous day.
Support And Resistance Levels for Sypris Solutions, Inc (SYPR)
According to the 24-hour chart, there is a support level at 1.81, which, if violated, would cause prices to drop to 1.51. In the upper region, resistance lies at 2.52. The next price resistance is at 2.92. RSI (Relative Strength Index) is 52.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.40, which suggests the price will decrease in the coming days. Percent R is at 76.56%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
