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 issued to investors on Saturday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Down 0.5 %

SigmaTron International stock opened at $3.95 on Friday. The firm has a market cap of $24.07 million, a price-to-earnings ratio of 21.94 and a beta of 0.93. SigmaTron International has a 52 week low of $2.07 and a 52 week high of $7.89. The business’s 50-day moving average price is $3.58 and its 200 day moving average price is $3.31. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20.

SigmaTron International (NASDAQ:SGMA) last posted its earnings results on Friday, March 8th. The technology company reported $0.10 EPS for the quarter. The firm had revenue of $95.92 million for the quarter. SigmaTron International had a return on equity of 8.96% and a net margin of 0.29%.

Hedge Funds Weigh In On SigmaTron International

Hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC purchased a new position in SigmaTron International during the third quarter worth approximately $55,000. Citadel Advisors LLC purchased a new position in SigmaTron International during the third quarter worth approximately $75,000. First Republic Investment Management Inc. purchased a new position in SigmaTron International during the second quarter worth approximately $118,000. Susquehanna International Group LLP purchased a new position in SigmaTron International during the fourth quarter worth approximately $77,000. Finally, Bailard Inc. purchased a new position in SigmaTron International during the fourth quarter worth approximately $64,000. Hedge funds and other institutional investors own 23.85% of the company’s stock.

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.