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

Investment analysts at StockNews.com began coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research note issued on Monday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Trading Up 2.7 %

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

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

Hedge Funds Weigh In On SigmaTron International

Hedge funds have recently modified their holdings of the stock. Inspire Advisors LLC purchased a new position in SigmaTron International during the first quarter valued at $46,000. Bailard Inc. purchased a new position in shares of SigmaTron International during the fourth quarter valued at about $64,000. Finally, Catalytic Wealth RIA LLC bought a new stake in shares of SigmaTron International in the fourth quarter worth about $292,000. Hedge funds and other 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.