SigmaTron International (NASDAQ:SGMA) Earns Hold Rating from Analysts at StockNews.com

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

SigmaTron International Stock Up 1.0 %

SGMA stock opened at $1.02 on Wednesday. The firm has a market cap of $6.24 million, a price-to-earnings ratio of -0.40 and a beta of 0.93. SigmaTron International has a 1-year low of $0.96 and a 1-year high of $6.47. The firm has a fifty day moving average price of $1.23 and a two-hundred day moving average price of $1.91. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32.

SigmaTron International (NASDAQ:SGMA) last announced its quarterly earnings data on Friday, March 14th. The technology company reported $0.63 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%. The business had revenue of $71.07 million during the quarter. During the same period in the prior year, the company earned $0.10 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new stake in SigmaTron International in the fourth quarter worth $36,000. TCW Group Inc. bought a new position in shares of SigmaTron International during the fourth quarter worth about $154,000. Finally, Renaissance Technologies LLC increased its holdings in shares of SigmaTron International by 34.1% in the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock worth $356,000 after acquiring an additional 50,858 shares during the period. Institutional investors and hedge funds own 23.85% of the company’s stock.

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.