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

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

SigmaTron International Stock Performance

NASDAQ SGMA opened at $3.66 on Wednesday. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20. SigmaTron International has a twelve month low of $2.07 and a twelve month high of $7.89. The business has a 50-day moving average price of $3.39 and a 200-day moving average price of $3.26. The firm has a market cap of $22.29 million, a price-to-earnings ratio of 20.33 and a beta of 0.93.

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

Institutional Investors Weigh In On SigmaTron International

Large investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC purchased a new position in SigmaTron International during the 3rd quarter valued at approximately $55,000. Bailard Inc. purchased a new position in shares of SigmaTron International in the fourth quarter valued at $64,000. Citadel Advisors LLC bought a new stake in SigmaTron International in the third quarter worth $75,000. Susquehanna International Group LLP purchased a new stake in SigmaTron International during the fourth quarter valued at $77,000. Finally, First Republic Investment Management Inc. purchased a new stake in SigmaTron International during the second quarter valued at $118,000. 23.85% of the stock is owned by institutional investors.

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.