StockNews.com Initiates Coverage on SigmaTron International (NASDAQ:SGMA)

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

SigmaTron International Stock Performance

NASDAQ SGMA opened at $1.83 on Friday. The company has a fifty day moving average of $2.07 and a two-hundred day moving average of $2.83. The company has a market capitalization of $11.20 million, a PE ratio of -0.72 and a beta of 0.95. SigmaTron International has a 1 year low of $1.50 and a 1 year 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.

SigmaTron International (NASDAQ:SGMA) last announced its earnings results on Friday, December 20th. The technology company reported ($1.55) earnings per share (EPS) for the quarter. SigmaTron International had a negative net margin of 4.62% and a negative return on equity of 24.68%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SigmaTron International stock. Dimensional Fund Advisors LP lifted its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 26.3% in the 2nd quarter, according to its most recent Form 13F filing 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 quarter. Dimensional Fund Advisors LP owned about 0.87% of SigmaTron International worth $297,000 at the end of the most recent 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.