SigmaTron International (NASDAQ:SGMA) Earns Hold Rating from Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research note issued to investors on Friday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Price Performance

Shares of SGMA opened at $1.05 on Friday. The firm has a market cap of $6.42 million, a PE ratio of -0.41 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. The firm has a fifty day simple moving average of $1.55 and a two-hundred day simple moving average of $2.25. SigmaTron International has a 1-year low of $1.01 and a 1-year high of $6.47.

SigmaTron International (NASDAQ:SGMA) last announced its 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 Investors Weigh In On SigmaTron International

Hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new stake in shares of SigmaTron International during the 4th quarter valued at $36,000. TCW Group Inc. bought a new stake in shares of SigmaTron International during the 4th quarter valued at $154,000. Finally, Renaissance Technologies LLC grew its position in shares of SigmaTron International by 34.1% during the 4th 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. 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.