SigmaTron International (NASDAQ:SGMA) Coverage Initiated at StockNews.com

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

SigmaTron International Stock Performance

NASDAQ SGMA opened at $1.71 on Friday. The company has a fifty day moving average of $2.18 and a two-hundred day moving average of $2.98. The company has a market capitalization of $10.47 million, a PE ratio of -0.67 and a beta of 0.95. SigmaTron International has a 1 year low of $1.50 and a 1 year high of $6.47. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32.

SigmaTron International (NASDAQ:SGMA) last announced its earnings results on Friday, December 20th. The technology company reported ($1.55) earnings per share (EPS) for the quarter. SigmaTron International had a negative net margin of 4.62% and a negative return on equity of 24.68%.

Hedge Funds Weigh In On SigmaTron International

A hedge fund recently raised its stake in SigmaTron International stock. Dimensional Fund Advisors LP boosted its holdings in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 26.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 53,124 shares of the technology company’s stock after purchasing an additional 11,070 shares during the period. Dimensional Fund Advisors LP owned approximately 0.87% of SigmaTron International worth $297,000 as of its most recent filing with the SEC. 23.85% of the stock is currently owned by institutional investors and hedge funds.

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.