StockNews.com Begins Coverage on SigmaTron International (NASDAQ:SGMA)

StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA – Get Rating) in a note issued to investors on Sunday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Price Performance

Shares of NASDAQ:SGMA opened at $4.32 on Friday. The business has a 50 day moving average price of $4.66 and a 200 day moving average price of $5.83. The company has a quick ratio of 0.50, a current ratio of 2.04 and a debt-to-equity ratio of 1.02. SigmaTron International has a twelve month low of $3.63 and a twelve month high of $10.28. The company has a market cap of $26.22 million, a price-to-earnings ratio of -36.00 and a beta of 1.16.

SigmaTron International (NASDAQ:SGMA – Get Rating) last released its quarterly earnings results on Friday, December 9th. The technology company reported $0.14 earnings per share for the quarter. The firm had revenue of $108.68 million during the quarter. SigmaTron International had a return on equity of 5.78% and a net margin of 0.04%.

Hedge Funds Weigh In On SigmaTron International

Several institutional investors and hedge funds have recently made changes to their positions in SGMA. Seascape Capital Management acquired a new stake in SigmaTron International in the third quarter valued at $482,000. First Republic Investment Management Inc. boosted its position in shares of SigmaTron International by 540.6% during the 3rd quarter. First Republic Investment Management Inc. now owns 106,616 shares of the technology company’s stock worth $506,000 after purchasing an additional 89,972 shares in the last quarter. Vigilant Capital Management LLC bought a new position in shares of SigmaTron International during the 3rd quarter worth about $187,000. Avantax Advisory Services Inc. bought a new position in SigmaTron International in the 2nd quarter valued at about $208,000. Finally, Citadel Advisors LLC bought a new position in SigmaTron International in the 3rd quarter valued at about $75,000. Institutional investors and hedge funds own 17.38% of the company’s stock.

SigmaTron International Company Profile

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SigmaTron International, Inc operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies 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; and assistance in obtaining product approval from governmental and other regulatory bodies.