SigmaTron International (NASDAQ:SGMA) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report released on Friday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Trading Down 1.0 %

SigmaTron International stock opened at $1.04 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32. The company has a market capitalization of $6.36 million, a price-to-earnings ratio of -0.41 and a beta of 0.92. SigmaTron International has a one year low of $0.99 and a one year high of $6.47. The company’s fifty day moving average price is $1.53 and its two-hundred day moving average price is $2.23.

SigmaTron International (NASDAQ:SGMA) last issued its quarterly earnings results on Friday, March 14th. The technology company reported $0.63 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%. The company had revenue of $71.07 million for the quarter. During the same period in the prior year, the business posted $0.10 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC raised its stake in shares of SigmaTron International by 34.1% in the fourth quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock valued at $356,000 after acquiring an additional 50,858 shares during the last quarter. TCW Group Inc. bought a new position in shares of SigmaTron International in the fourth quarter valued at approximately $154,000. Finally, Virtu Financial LLC acquired a new stake in shares of SigmaTron International in the fourth quarter valued at approximately $36,000. Institutional investors own 23.85% of the company’s stock.

SigmaTron International Company Profile

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.