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

StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report released on Sunday morning. The brokerage issued a hold rating on the technology company’s stock.

SigmaTron International Stock Down 1.8 %

SGMA stock opened at $1.61 on Friday. The stock has a market cap of $9.85 million, a PE ratio of -0.63 and a beta of 0.95. The company has a quick ratio of 0.32, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The firm’s 50-day simple moving average is $1.97 and its 200 day simple moving average is $2.69. SigmaTron International has a fifty-two week low of $1.50 and a fifty-two week high of $6.47.

SigmaTron International (NASDAQ:SGMA) last released its 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

An institutional investor recently raised its position in SigmaTron International stock. Dimensional Fund Advisors LP boosted its holdings in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 26.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,124 shares of the technology company’s stock after purchasing an additional 11,070 shares during the period. Dimensional Fund Advisors LP owned approximately 0.87% of SigmaTron International worth $297,000 at the end of the most recent quarter. 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.