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

StockNews.com began coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report released on Thursday morning. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Trading Down 0.8 %

Shares of SigmaTron International stock opened at $1.27 on Thursday. SigmaTron International has a 12-month low of $1.23 and a 12-month high of $6.47. The stock has a market cap of $7.77 million, a P/E ratio of -0.50 and a beta of 0.92. The company has a quick ratio of 0.32, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $1.60 and its 200-day moving average is $2.31.

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Virtu Financial LLC acquired a new position in shares of SigmaTron International during the 4th quarter worth approximately $36,000. Renaissance Technologies LLC increased its holdings in shares of SigmaTron International by 34.1% during the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock worth $356,000 after acquiring an additional 50,858 shares during the last quarter. Finally, TCW Group Inc. acquired a new position in shares of SigmaTron International during the 4th quarter worth approximately $154,000. 23.85% of the stock is 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.