Initiates Coverage on SigmaTron International (NASDAQ:SGMA) assumed coverage on shares of SigmaTron International (NASDAQ:SGMAGet Free Report) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Up 1.2 %

Shares of NASDAQ:SGMA opened at $4.99 on Wednesday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.69 and a current ratio of 2.28. SigmaTron International has a 52-week low of $2.61 and a 52-week high of $7.89. The firm has a market capitalization of $30.39 million, a P/E ratio of 27.72 and a beta of 0.89. The stock has a 50 day moving average price of $4.02 and a 200-day moving average price of $3.55.

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Inspire Advisors LLC purchased a new stake in SigmaTron International during the first quarter valued at approximately $46,000. Bailard Inc. bought a new stake in SigmaTron International in the fourth quarter worth $64,000. Finally, Catalytic Wealth RIA LLC purchased a new stake in shares of SigmaTron International in the fourth quarter valued at $292,000. Hedge funds and other institutional investors own 23.85% of the company’s stock.

SigmaTron International Company Profile

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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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