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

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

SigmaTron International Stock Performance

Shares of SGMA opened at $2.99 on Wednesday. The company has a market capitalization of $18.30 million, a PE ratio of -3.02 and a beta of 0.87. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.15 and a quick ratio of 0.36. SigmaTron International has a one year low of $2.27 and a one year high of $6.47. The company’s fifty day moving average price is $2.83 and its 200 day moving average price is $3.93.

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

Institutional Investors Weigh In On SigmaTron International

Institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its holdings in SigmaTron International by 5.9% during the second quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock valued at $782,000 after purchasing an additional 7,800 shares in the last quarter. Dimensional Fund Advisors LP raised its stake 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 worth $297,000 after acquiring an additional 11,070 shares in the last quarter. Inspire Advisors LLC bought a new position in shares of SigmaTron International during the first quarter valued at $46,000. Finally, Privium Fund Management UK Ltd acquired a new stake in shares of SigmaTron International in the 2nd quarter valued at $58,000. 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.