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

StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report released on Monday. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Stock Performance

NASDAQ:SGMA opened at $1.60 on Monday. The company has a fifty day moving average of $1.81 and a 200-day moving average of $2.51. The firm has a market capitalization of $9.79 million, a P/E ratio of -0.63 and a beta of 0.94. The company has a quick ratio of 0.32, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. SigmaTron International has a twelve month low of $1.50 and a twelve month high of $6.47.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings data on Friday, December 20th. The technology company reported ($1.55) earnings per share for the quarter. SigmaTron International had a negative net margin of 4.62% and a negative return on equity of 24.68%.

Institutional Trading of SigmaTron International

Several hedge funds have recently bought and sold shares of the business. TCW Group Inc. bought a new position in SigmaTron International during the fourth quarter valued at about $154,000. Virtu Financial LLC bought a new position in SigmaTron International during the fourth quarter valued at about $36,000. Finally, Dimensional Fund Advisors LP grew its position in SigmaTron International by 26.3% during the second quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock valued at $297,000 after buying an additional 11,070 shares during the period. Institutional investors and hedge funds own 23.85% of the company’s stock.

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.