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

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

SigmaTron International Trading Down 5.5 %

SigmaTron International stock opened at $1.04 on Monday. The firm has a market cap of $6.36 million, a PE ratio of -0.41 and a beta of 0.93. SigmaTron International has a 12 month low of $0.99 and a 12 month high of $6.47. The stock’s 50 day simple moving average is $1.38 and its two-hundred day simple moving average is $2.06. The company has a current ratio of 1.16, a quick ratio of 0.32 and a debt-to-equity ratio of 0.09.

SigmaTron International (NASDAQ:SGMA) last announced its quarterly earnings results on Friday, March 14th. The technology company reported $0.63 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%. The firm had revenue of $71.07 million for the quarter. During the same period last year, the company posted $0.10 earnings per share.

Hedge Funds Weigh In On SigmaTron International

A number of large investors have recently bought and sold shares of SGMA. TCW Group Inc. purchased a new stake in shares of SigmaTron International in the fourth quarter valued at approximately $154,000. Virtu Financial LLC purchased a new position in shares of SigmaTron International during the 4th quarter valued at approximately $36,000. Finally, Renaissance Technologies LLC grew its stake in SigmaTron International by 34.1% in the 4th 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. Institutional investors and hedge funds own 23.85% of the company’s stock.

SigmaTron International Company Profile

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.