Equities researchers at StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA – Get Free Report) in a research note issued on Thursday. The firm set a “hold” rating on the technology company’s stock.
SigmaTron International Trading Down 1.1 %
Shares of SGMA opened at $3.26 on Thursday. The business’s 50-day moving average price is $3.22 and its 200-day moving average price is $4.00. SigmaTron International has a twelve month low of $2.07 and a twelve month high of $7.89. The stock has a market cap of $19.85 million, a PE ratio of -0.88 and a beta of 0.93. The company has a quick ratio of 0.58, a current ratio of 2.18 and a debt-to-equity ratio of 1.20.
Institutional Investors Weigh In On SigmaTron International
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of SigmaTron International by 10.4% during the third quarter. Vanguard Group Inc. now owns 168,490 shares of the technology company’s stock valued at $527,000 after buying an additional 15,917 shares during the period. BlackRock Inc. increased its position in shares of SigmaTron International by 3.5% in the first quarter. BlackRock Inc. now owns 119,235 shares of the technology company’s stock worth $316,000 after purchasing an additional 4,037 shares during the last quarter. Royal Bank of Canada increased its position in shares of SigmaTron International by 5.5% in the third quarter. Royal Bank of Canada now owns 65,401 shares of the technology company’s stock worth $310,000 after purchasing an additional 3,401 shares during the last quarter. Bailard Inc. bought a new position in shares of SigmaTron International in the fourth quarter worth approximately $64,000. Finally, Lake Street Advisors Group LLC increased its position in shares of SigmaTron International by 48.8% in the second quarter. Lake Street Advisors Group LLC now owns 21,036 shares of the technology company’s stock worth $68,000 after purchasing an additional 6,896 shares during the last quarter. 13.89% of the stock is currently owned by 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.
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