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

Analysts at StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Down 0.7 %

SGMA stock opened at $4.15 on Friday. The company has a current ratio of 2.28, a quick ratio of 0.69 and a debt-to-equity ratio of 1.20. The company’s 50 day moving average is $3.64 and its 200 day moving average is $3.36. The stock has a market cap of $25.27 million, a price-to-earnings ratio of 23.06 and a beta of 0.93. SigmaTron International has a 1-year low of $2.09 and a 1-year high of $7.89.

SigmaTron International (NASDAQ:SGMA) last issued its quarterly earnings results on Friday, March 8th. The technology company reported $0.10 EPS for the quarter. SigmaTron International had a net margin of 0.29% and a return on equity of 8.96%. The business had revenue of $95.92 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SigmaTron International stock. Catalytic Wealth RIA LLC purchased a new stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 97,111 shares of the technology company’s stock, valued at approximately $292,000. Catalytic Wealth RIA LLC owned about 1.59% of SigmaTron International at the end of the most recent reporting period. 23.85% of the stock is owned by hedge funds and other institutional investors.

About SigmaTron International

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.