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

Research analysts at StockNews.com began coverage on shares of SigmaTron International (NASDAQ:SGMA – Get Rating) in a research note issued to investors on Monday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Trading Up 0.7 %

SGMA opened at $4.08 on Monday. The firm has a market cap of $24.77 million, a price-to-earnings ratio of -34.00 and a beta of 1.16. The company has a current ratio of 2.04, a quick ratio of 0.50 and a debt-to-equity ratio of 1.02. SigmaTron International has a 12 month low of $3.63 and a 12 month high of $10.28. The stock has a fifty day moving average price of $4.55 and a 200-day moving average price of $5.72.

SigmaTron International (NASDAQ:SGMA – Get Rating) last released its quarterly earnings results on Friday, December 9th. The technology company reported $0.14 EPS for the quarter. The firm had revenue of $108.68 million during the quarter. SigmaTron International had a return on equity of 5.78% and a net margin of 0.04%.

Hedge Funds Weigh In On SigmaTron International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Equity Services LLC purchased a new position in shares of SigmaTron International in the 3rd quarter valued at approximately $55,000. Sanders Morris Harris LLC acquired a new position in SigmaTron International in the 4th quarter worth approximately $50,000. Lake Street Advisors Group LLC acquired a new position in SigmaTron International in the 3rd quarter worth approximately $67,000. Bard Associates Inc. acquired a new position in SigmaTron International in the 2nd quarter worth approximately $100,000. Finally, Citadel Advisors LLC acquired a new position in SigmaTron International in the 3rd quarter worth approximately $75,000. 17.38% of the stock is owned by hedge funds and other institutional investors.

About SigmaTron International

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SigmaTron International, Inc operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies 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; and assistance in obtaining product approval from governmental and other regulatory bodies.