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

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

SigmaTron International Trading Up 1.3 %

Shares of SigmaTron International stock opened at $1.61 on Tuesday. SigmaTron International has a 12-month low of $1.50 and a 12-month high of $6.47. The stock has a market capitalization of $9.85 million, a P/E ratio of -1.63 and a beta of 0.86. The company has a 50-day simple moving average of $2.62 and a 200 day simple moving average of $3.43. The company has a quick ratio of 0.36, a current ratio of 1.15 and a debt-to-equity ratio of 0.09.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings data on Friday, December 20th. The technology company reported ($1.55) earnings per share for the quarter. SigmaTron International had a negative return on equity of 9.05% and a negative net margin of 1.67%.

Institutional Trading of SigmaTron International

Several large investors have recently made changes to their positions in SGMA. Renaissance Technologies LLC raised its holdings in shares of SigmaTron International by 5.9% in the second quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock valued at $782,000 after buying an additional 7,800 shares during the last quarter. Privium Fund Management UK Ltd acquired a new stake in SigmaTron International in the 2nd quarter valued at about $58,000. Finally, Dimensional Fund Advisors LP raised its stake in shares of SigmaTron International by 26.3% in the second quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock worth $297,000 after acquiring an additional 11,070 shares during the last quarter. Institutional investors 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.