SigmaTron International (NASDAQ:SGMA) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research note issued to investors on Wednesday morning. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Price Performance

Shares of NASDAQ:SGMA opened at $2.95 on Wednesday. SigmaTron International has a 1-year low of $2.27 and a 1-year high of $6.47. The stock has a market cap of $18.05 million, a PE ratio of -2.98 and a beta of 0.87. The stock’s fifty day simple moving average is $2.82 and its two-hundred day simple moving average is $3.93. The company has a current ratio of 1.15, a quick ratio of 0.36 and a debt-to-equity ratio of 0.09.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings data on Thursday, September 19th. The technology company reported ($0.54) earnings per share for the quarter. The business had revenue of $84.78 million during the quarter. SigmaTron International had a negative return on equity of 9.05% and a negative net margin of 1.67%.

Institutional Trading of SigmaTron International

Several hedge funds have recently made changes to their positions in SGMA. Inspire Advisors LLC bought a new stake in shares of SigmaTron International during the first quarter valued at about $46,000. Dimensional Fund Advisors LP grew its holdings in shares of SigmaTron International by 26.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock valued at $297,000 after purchasing an additional 11,070 shares during the last quarter. Privium Fund Management UK Ltd bought a new position in shares of SigmaTron International during the second quarter valued at about $58,000. Finally, Renaissance Technologies LLC lifted its stake in shares of SigmaTron International by 5.9% in the 2nd quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock valued at $782,000 after acquiring an additional 7,800 shares during the last quarter. 23.85% of the stock is currently owned by institutional investors.

SigmaTron International Company Profile

SigmaTron International, Inc operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies, electro-mechanical subassemblies, and completely assembled (box-build) electronic products. The company also offers automatic and manual assembly and testing of products; material sourcing and procurement services; manufacturing and test engineering support services; design services; warehousing and distribution services; compliance reporting, and assistance in obtaining product approval from governmental and other regulatory bodies.