StockNews.com Begins Coverage on SigmaTron International (NASDAQ:SGMA)

StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report report published on Sunday morning. The brokerage issued a hold rating on the technology company’s stock.

SigmaTron International Price Performance

SigmaTron International stock opened at $2.50 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 1.15. SigmaTron International has a 52 week low of $2.27 and a 52 week high of $6.47. The stock has a market capitalization of $15.30 million, a P/E ratio of -2.53 and a beta of 0.86. The stock has a fifty day moving average of $2.84 and a 200-day moving average of $3.64.

SigmaTron International (NASDAQ:SGMA) last issued its earnings results on Thursday, September 19th. The technology company reported ($0.54) EPS for the quarter. The business had revenue of $84.78 million for the quarter. SigmaTron International had a negative return on equity of 9.05% and a negative net margin of 1.67%.

Institutional Trading of SigmaTron International

Hedge funds have recently added to or reduced their stakes in the stock. Privium Fund Management UK Ltd acquired a new position in shares of SigmaTron International during the second quarter worth $58,000. Dimensional Fund Advisors LP boosted its holdings in shares of SigmaTron International by 26.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock valued at $297,000 after acquiring an additional 11,070 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in SigmaTron International by 5.9% during the 2nd quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock worth $782,000 after acquiring an additional 7,800 shares during the last quarter. Institutional investors and hedge funds 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.