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

StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Tuesday. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Price Performance

Shares of NASDAQ SGMA opened at $1.68 on Tuesday. 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 fifty-two week low of $1.50 and a fifty-two week high of $6.47. The stock’s 50-day simple moving average is $2.56 and its 200-day simple moving average is $3.39. The firm has a market capitalization of $10.28 million, a PE ratio of -1.70 and a beta of 0.86.

SigmaTron International (NASDAQ:SGMA) last issued its quarterly earnings results on Friday, December 20th. The technology company reported ($1.55) 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%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SGMA. Renaissance Technologies LLC grew 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 valued at $782,000 after purchasing an additional 7,800 shares during the period. Dimensional Fund Advisors LP raised its holdings 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 buying an additional 11,070 shares during the period. Finally, Privium Fund Management UK Ltd acquired a new position in shares of SigmaTron International during the second quarter worth $58,000. 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.