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

StockNews.com began coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report issued to clients and investors on Monday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Price Performance

Shares of NASDAQ SGMA opened at $2.14 on Monday. SigmaTron International has a 1 year low of $2.03 and a 1 year high of $6.47. The stock has a market capitalization of $13.10 million, a P/E ratio of -2.16 and a beta of 0.86. The company’s 50-day moving average is $2.78 and its 200 day moving average is $3.58. 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 (NASDAQ:SGMA) last announced its quarterly earnings data on Thursday, September 19th. The technology company reported ($0.54) EPS for the quarter. SigmaTron International had a negative net margin of 1.67% and a negative return on equity of 9.05%. The firm had revenue of $84.78 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SGMA. Privium Fund Management UK Ltd purchased a new position in shares of SigmaTron International during the 2nd quarter valued at about $58,000. 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 valued at $297,000 after purchasing an additional 11,070 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of SigmaTron International by 5.9% in the 2nd quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock valued at $782,000 after acquiring an additional 7,800 shares during the last quarter. 23.85% of the stock is owned by 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.