SigmaTron International (NASDAQ:SGMA) Posts Earnings Results

SigmaTron International (NASDAQ:SGMA) announced its quarterly earnings data on Friday. The technology company reported ($1.55) EPS for the quarter, Zacks reports. SigmaTron International had a negative net margin of 1.67% and a negative return on equity of 9.05%.

SigmaTron International Stock Down 3.1 %

Shares of SigmaTron International stock opened at $1.54 on Friday. The business has a 50-day moving average price of $2.65 and a 200 day moving average price of $3.48. SigmaTron International has a fifty-two week low of $1.50 and a fifty-two week high of $6.47. The firm has a market cap of $9.42 million, a P/E ratio of -1.56 and a beta of 0.86. The company has a quick ratio of 0.36, a current ratio of 1.15 and a debt-to-equity ratio of 0.09.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on SigmaTron International in a research note on Monday, December 16th. They issued a “hold” rating for the company.

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.