Dimensional Fund Advisors LP Purchases 11,070 Shares of SigmaTron International, Inc. (NASDAQ:SGMA)

Dimensional Fund Advisors LP raised its position in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 26.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,124 shares of the technology company’s stock after acquiring an additional 11,070 shares during the period. Dimensional Fund Advisors LP owned approximately 0.87% of SigmaTron International worth $297,000 at the end of the most recent quarter.

Separately, Inspire Advisors LLC bought a new stake in shares of SigmaTron International in the first quarter valued at approximately $46,000. 23.85% of the stock is currently owned by institutional investors and hedge funds.

SigmaTron International Trading Up 2.0 %

Shares of SGMA stock opened at $3.01 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 0.36 and a debt-to-equity ratio of 0.09. The stock has a market cap of $18.42 million, a P/E ratio of -3.04 and a beta of 0.86. The stock has a 50 day simple moving average of $2.87 and a 200 day simple moving average of $4.04. SigmaTron International, Inc. has a 1 year low of $2.27 and a 1 year high of $6.47.

SigmaTron International (NASDAQ:SGMA) last issued its quarterly earnings results on Thursday, September 19th. The technology company reported ($0.54) earnings per share (EPS) for the quarter. The company had revenue of $84.78 million during the quarter. SigmaTron International had a negative net margin of 1.67% and a negative return on equity of 9.05%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut SigmaTron International from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th.

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.