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

Investment 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 $1.36 on Friday. SigmaTron International has a 12 month low of $0.99 and a 12 month high of $6.47. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32. The firm has a market capitalization of $8.32 million, a PE ratio of -0.54 and a beta of 0.92. The business’s fifty day moving average price is $1.47 and its 200 day moving average price is $2.16.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings data on Friday, March 14th. The technology company reported $0.63 EPS for the quarter. SigmaTron International had a negative return on equity of 24.68% and a negative net margin of 4.62%. The business had revenue of $71.07 million for the quarter. During the same quarter in the previous year, the company posted $0.10 EPS.

Institutional Trading of SigmaTron International

Several institutional investors have recently modified their holdings of SGMA. Renaissance Technologies LLC grew its position 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 valued at $356,000 after buying an additional 50,858 shares during the last quarter. TCW Group Inc. acquired a new position in SigmaTron International in the fourth quarter valued at $154,000. Finally, Virtu Financial LLC purchased a new position in shares of SigmaTron International during the fourth quarter worth about $36,000. Hedge funds and other institutional investors 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.