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

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

SigmaTron International Trading Up 3.2 %

Shares of NASDAQ SGMA opened at $1.78 on Wednesday. SigmaTron International has a fifty-two week low of $1.50 and a fifty-two week high of $6.47. The firm has a market capitalization of $10.89 million, a P/E ratio of -1.80 and a beta of 0.86. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.15 and a quick ratio of 0.36. The company’s 50 day simple moving average is $2.44 and its 200 day simple moving average is $3.28.

SigmaTron International (NASDAQ:SGMA) last issued its earnings results on Friday, December 20th. The technology company reported ($1.55) EPS for the quarter. SigmaTron International had a negative net margin of 1.67% and a negative return on equity of 9.05%.

Hedge Funds Weigh In On SigmaTron International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SGMA. Privium Fund Management UK Ltd acquired a new stake in shares of SigmaTron International in the 2nd quarter valued at approximately $58,000. Dimensional Fund Advisors LP grew its holdings in SigmaTron International by 26.3% during the second quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock valued at $297,000 after purchasing an additional 11,070 shares during the period. Finally, Renaissance Technologies LLC increased its stake in SigmaTron International by 5.9% in the second quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock valued at $782,000 after purchasing an additional 7,800 shares in the last quarter. Institutional investors own 23.85% of the company’s stock.

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.