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

StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report sent to investors on Sunday morning. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Stock Down 2.5 %

Shares of SGMA opened at $2.37 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 1.15. SigmaTron International has a 52 week low of $2.27 and a 52 week high of $6.47. The stock has a market capitalization of $14.50 million, a price-to-earnings ratio of -2.39 and a beta of 0.86. The stock has a fifty day moving average of $2.82 and a 200-day moving average of $3.61.

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

Institutional Trading of SigmaTron International

A number of institutional investors and hedge funds have recently bought and sold shares of SGMA. Privium Fund Management UK Ltd acquired a new position in SigmaTron International in the second quarter valued at $58,000. Dimensional Fund Advisors LP boosted its position in shares of SigmaTron International by 26.3% during the 2nd 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 in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in SigmaTron International by 5.9% in the second quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock worth $782,000 after purchasing an additional 7,800 shares in the last quarter. 23.85% of the stock is currently owned by institutional investors and hedge funds.

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.