StockNews.com Begins Coverage on SigmaTron International (NASDAQ:SGMA)

Investment analysts at StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Wednesday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Trading Down 0.6 %

SigmaTron International stock opened at $1.77 on Wednesday. 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 firm has a 50-day moving average of $2.42 and a 200-day moving average of $3.26. The company has a market cap of $10.83 million, a price-to-earnings ratio of -1.79 and a beta of 0.86. SigmaTron International has a one year low of $1.50 and a one year high of $6.47.

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 return on equity of 9.05% and a negative net margin of 1.67%.

Institutional Investors Weigh In On SigmaTron International

Large investors have recently added to or reduced their stakes in the stock. Privium Fund Management UK Ltd bought a new position in shares of SigmaTron International in the second quarter worth $58,000. Dimensional Fund Advisors LP lifted its stake 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 worth $297,000 after purchasing an additional 11,070 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of SigmaTron International by 5.9% during the 2nd quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock worth $782,000 after buying an additional 7,800 shares during the last quarter. Institutional investors and hedge funds 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.