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

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

SigmaTron International Stock Up 6.4 %

Shares of SGMA opened at $1.33 on Friday. 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 has a fifty day moving average of $1.42 and a 200 day moving average of $2.10. The company has a market cap of $8.14 million, a PE ratio of -0.52 and a beta of 0.92. SigmaTron International has a 52-week low of $0.99 and a 52-week high of $6.47.

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Virtu Financial LLC bought a new stake in shares of SigmaTron International during the 4th quarter worth approximately $36,000. TCW Group Inc. bought a new position in SigmaTron International in the 4th quarter valued at $154,000. Finally, Renaissance Technologies LLC increased its stake in SigmaTron International by 34.1% in the fourth quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock worth $356,000 after purchasing an additional 50,858 shares during the period. Institutional investors 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.