SigmaTron International (NASDAQ:SGMA) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Saturday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Performance

NASDAQ SGMA opened at $1.26 on Friday. 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 has a 1 year low of $0.96 and a 1 year high of $6.47. The company has a market capitalization of $7.71 million, a PE ratio of -0.50 and a beta of 1.02. The company has a fifty day moving average of $1.24 and a two-hundred day moving average of $1.72.

SigmaTron International (NASDAQ:SGMA) last announced its earnings results 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 quarter last year, the company posted $0.10 EPS.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in SGMA. Virtu Financial LLC purchased a new position in SigmaTron International during the fourth quarter worth about $36,000. Arcataur Capital Management LLC purchased a new position in SigmaTron International during the first quarter worth about $37,000. TCW Group Inc. purchased a new position in SigmaTron International during the fourth quarter worth about $154,000. Finally, Renaissance Technologies LLC increased its holdings in SigmaTron International by 34.1% in the fourth quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock valued at $356,000 after buying an additional 50,858 shares in the last quarter. 23.85% of the stock is owned by hedge funds and other institutional investors.

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.