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

Equities research analysts at StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Friday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Price Performance

Shares of NASDAQ SGMA opened at $1.70 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.32 and a debt-to-equity ratio of 0.09. The company’s 50-day moving average price is $2.20 and its 200 day moving average price is $3.01. SigmaTron International has a 52 week low of $1.50 and a 52 week high of $6.47. The stock has a market cap of $10.40 million, a price-to-earnings ratio of -0.67 and a beta of 0.95.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings results on Friday, December 20th. The technology company reported ($1.55) EPS for the quarter. SigmaTron International had a negative net margin of 4.62% and a negative return on equity of 24.68%.

Hedge Funds Weigh In On SigmaTron International

A hedge fund recently raised its stake in SigmaTron International stock. Dimensional Fund Advisors LP increased its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 26.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,124 shares of the technology company’s stock after purchasing an additional 11,070 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.87% of SigmaTron International worth $297,000 as of its most recent filing with the Securities and Exchange Commission. 23.85% of the stock is currently owned by institutional investors and hedge funds.

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.