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

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

SigmaTron International Trading Up 7.6 %

NASDAQ SGMA opened at $1.83 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.32 and a debt-to-equity ratio of 0.09. SigmaTron International has a 12 month low of $1.50 and a 12 month high of $6.47. The company has a market capitalization of $11.20 million, a PE ratio of -0.72 and a beta of 0.95. The stock has a 50-day simple moving average of $2.07 and a 200 day simple moving average of $2.84.

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

A hedge fund recently raised its stake in SigmaTron International stock. Renaissance Technologies LLC boosted its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 139,887 shares of the technology company’s stock after buying an additional 7,800 shares during the period. Renaissance Technologies LLC owned approximately 2.30% of SigmaTron International worth $782,000 as of its most recent filing with the SEC. 23.85% of the stock is currently owned by hedge funds and other institutional investors.

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.