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

StockNews.com began coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research note issued to investors on Friday. The brokerage issued a hold rating on the technology company’s stock.

SigmaTron International Trading Down 1.0 %

NASDAQ SGMA opened at $1.04 on Friday. The business has a 50 day simple moving average of $1.53 and a 200 day simple moving average of $2.24. SigmaTron International has a one year low of $0.99 and a one year high of $6.47. The stock has a market capitalization of $6.36 million, a P/E ratio of -0.41 and a beta of 0.92. 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, 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%.

Institutional Investors Weigh In On SigmaTron International

Hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in SigmaTron International in the fourth quarter valued at approximately $36,000. TCW Group Inc. acquired a new stake in SigmaTron International in the fourth quarter valued at approximately $154,000. Finally, Renaissance Technologies LLC grew its stake 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 acquiring an additional 50,858 shares during the period. 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.