SigmaTron International (NASDAQ:SGMA) Research Coverage Started at StockNews.com

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

SigmaTron International Price Performance

Shares of SGMA stock opened at $1.37 on Friday. The company has a market capitalization of $8.38 million, a P/E ratio of -0.54 and a beta of 0.92. 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 12 month low of $0.99 and a 12 month high of $6.47. The stock has a 50 day moving average of $1.47 and a two-hundred day moving average of $2.15.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings results on Friday, March 14th. The technology company reported $0.63 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%. The firm had revenue of $71.07 million during the quarter. During the same period last year, the company earned $0.10 EPS.

Institutional Investors Weigh In On SigmaTron International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC boosted its stake in SigmaTron International by 34.1% during the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock worth $356,000 after acquiring an additional 50,858 shares during the last quarter. TCW Group Inc. bought a new position in shares of SigmaTron International during the fourth quarter worth $154,000. Finally, Virtu Financial LLC acquired a new position in shares of SigmaTron International in the 4th quarter valued at $36,000. 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.