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

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

SigmaTron International Stock Performance

SGMA opened at $1.37 on Wednesday. The stock has a market cap of $8.38 million, a PE ratio of -0.54 and a beta of 0.94. The company has a current ratio of 1.16, a quick ratio of 0.32 and a debt-to-equity ratio of 0.09. SigmaTron International has a 1 year low of $1.32 and a 1 year high of $6.47. The stock’s 50 day simple moving average is $1.65 and its 200-day simple moving average is $2.40.

SigmaTron International (NASDAQ:SGMA) last announced its quarterly 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 4.62% and a negative return on equity of 24.68%.

Institutional Trading of SigmaTron International

Large investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new stake in SigmaTron International in the fourth quarter valued at $36,000. TCW Group Inc. bought a new stake in SigmaTron International in the fourth quarter valued at $154,000. Finally, Renaissance Technologies LLC grew its position in SigmaTron International by 34.1% in the fourth quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock valued at $356,000 after acquiring an additional 50,858 shares during the period. 23.85% of the stock is currently owned by institutional investors.

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.