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

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

SigmaTron International Stock Performance

NASDAQ SGMA opened at $1.59 on Friday. The firm has a 50-day moving average price of $1.92 and a two-hundred day moving average price of $2.63. 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 $9.73 million, a P/E ratio of -0.63 and a beta of 0.94. The company has a quick ratio of 0.32, a current ratio of 1.16 and a debt-to-equity ratio of 0.09.

SigmaTron International (NASDAQ:SGMA) last issued its quarterly earnings results on Friday, December 20th. The technology company reported ($1.55) earnings per share (EPS) for the quarter. SigmaTron International had a negative return on equity of 24.68% and a negative net margin of 4.62%.

Institutional Investors Weigh In On SigmaTron International

Several institutional investors and hedge funds have recently bought and sold shares of the company. TCW Group Inc. acquired a new position in SigmaTron International during the fourth quarter valued at approximately $154,000. Renaissance Technologies LLC raised its holdings 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 in the last quarter. Finally, 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 worth $297,000 after buying an additional 11,070 shares in the last quarter. 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.