SigmaTron International (NASDAQ:SGMA) Coverage Initiated by Analysts at StockNews.com

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

SigmaTron International Stock Performance

NASDAQ:SGMA opened at $4.55 on Wednesday. The stock’s 50-day simple moving average is $4.13 and its 200 day simple moving average is $3.59. The firm has a market capitalization of $27.71 million, a PE ratio of 25.28 and a beta of 0.89. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20. SigmaTron International has a twelve month low of $2.61 and a twelve month high of $7.89.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings data on Friday, March 8th. The technology company reported $0.10 earnings per share for the quarter. The business had revenue of $95.92 million for the quarter. SigmaTron International had a return on equity of 8.96% and a net margin of 0.29%.

Hedge Funds Weigh In On SigmaTron International

A number of hedge funds have recently made changes to their positions in SGMA. Catalytic Wealth RIA LLC bought a new stake in SigmaTron International in the fourth quarter worth approximately $292,000. Bailard Inc. bought a new stake in SigmaTron International in the fourth quarter worth approximately $64,000. Finally, Inspire Advisors LLC bought a new stake in SigmaTron International in the first quarter worth approximately $46,000. 23.85% of the stock is currently 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.