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

StockNews.com began coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Performance

NASDAQ:SGMA opened at $1.61 on Tuesday. The company has a market cap of $9.85 million, a price-to-earnings ratio of -1.63 and a beta of 0.86. SigmaTron International has a fifty-two week low of $1.50 and a fifty-two week high of $6.47. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 1.15. The stock has a fifty day moving average price of $2.59 and a 200-day moving average price of $3.41.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings data on Friday, December 20th. The technology company reported ($1.55) earnings per share for the quarter. SigmaTron International had a negative return on equity of 9.05% and a negative net margin of 1.67%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Privium Fund Management UK Ltd acquired a new stake in shares of SigmaTron International in the 2nd quarter valued at $58,000. Dimensional Fund Advisors LP lifted its position in shares of SigmaTron International by 26.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock worth $297,000 after buying an additional 11,070 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its stake in SigmaTron International by 5.9% in the second quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock valued at $782,000 after buying an additional 7,800 shares in the last quarter. 23.85% of the stock is owned by institutional investors.

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.