SigmaTron International (NASDAQ:SGMA) Earns Hold Rating from Analysts at StockNews.com

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

SigmaTron International Trading Up 13.3 %

Shares of NASDAQ:SGMA opened at $1.36 on Friday. The company has a market cap of $8.32 million, a P/E ratio of -0.54 and a beta of 0.92. 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 has a 1 year low of $0.99 and a 1 year high of $6.47. The stock’s fifty day moving average price is $1.47 and its 200-day moving average price is $2.17.

SigmaTron International (NASDAQ:SGMA) last posted its earnings results on Friday, March 14th. The technology company reported $0.63 earnings per share for the quarter. SigmaTron International had a negative return on equity of 24.68% and a negative net margin of 4.62%. The company had revenue of $71.07 million for the quarter. During the same period in the prior year, the company posted $0.10 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SGMA. TCW Group Inc. bought a new position in SigmaTron International in the fourth quarter valued at about $154,000. Renaissance Technologies LLC lifted its holdings in SigmaTron International by 34.1% in the fourth quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock valued at $356,000 after acquiring an additional 50,858 shares during the period. Finally, Virtu Financial LLC bought a new position in SigmaTron International in the fourth quarter valued at about $36,000. 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.