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

Equities research analysts at StockNews.com began coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research note issued on Thursday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Price Performance

NASDAQ:SGMA opened at $1.68 on Thursday. The company has a market capitalization of $10.28 million, a P/E ratio of -1.70 and a beta of 0.95. The business’s 50-day moving average is $2.31 and its 200 day moving average is $3.12. The company has a current ratio of 1.15, a quick ratio of 0.36 and a debt-to-equity ratio of 0.09. SigmaTron International has a 12 month low of $1.50 and a 12 month high of $6.47.

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

Institutional Trading of SigmaTron International

A hedge fund recently raised its stake in SigmaTron International stock. Renaissance Technologies LLC raised its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 5.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,887 shares of the technology company’s stock after purchasing an additional 7,800 shares during the period. Renaissance Technologies LLC owned 2.30% of SigmaTron International worth $782,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other 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.