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

Equities researchers at StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Monday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Trading Up 2.7 %

Shares of SGMA stock opened at $4.60 on Monday. SigmaTron International has a 12-month low of $2.61 and a 12-month high of $7.89. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20. The company has a 50 day moving average of $3.78 and a 200-day moving average of $3.44. The firm has a market cap of $28.01 million, a P/E ratio of 25.56 and a beta of 0.89.

SigmaTron International (NASDAQ:SGMA) last issued its quarterly earnings results on Friday, March 8th. The technology company reported $0.10 EPS for the quarter. SigmaTron International had a return on equity of 8.96% and a net margin of 0.29%. The firm had revenue of $95.92 million for the quarter.

Institutional Trading of SigmaTron International

Several hedge funds and other institutional investors have recently modified their holdings of SGMA. Catalytic Wealth RIA LLC purchased a new position in SigmaTron International in the 4th quarter valued at approximately $292,000. Bailard Inc. purchased a new position in shares of SigmaTron International in the fourth quarter valued at $64,000. Finally, Inspire Advisors LLC bought a new stake in shares of SigmaTron International during the 1st quarter valued at $46,000. 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.