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

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

SigmaTron International Price Performance

Shares of NASDAQ:SGMA traded up $0.11 during trading on Thursday, reaching $2.85. The stock had a trading volume of 16,163 shares, compared to its average volume of 31,138. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 1.15. SigmaTron International has a 52 week low of $2.27 and a 52 week high of $6.47. The business’s 50-day moving average price is $2.82 and its 200 day moving average price is $3.89.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings data on Thursday, September 19th. The technology company reported ($0.54) EPS for the quarter. SigmaTron International had a negative return on equity of 9.05% and a negative net margin of 1.67%. The business had revenue of $84.78 million during the quarter.

Institutional Trading of SigmaTron International

Several hedge funds have recently modified their holdings of the stock. Privium Fund Management UK Ltd bought a new position in SigmaTron International in the 2nd quarter valued at $58,000. Dimensional Fund Advisors LP increased its position in SigmaTron International by 26.3% in the second quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock worth $297,000 after purchasing an additional 11,070 shares during the period. Finally, Renaissance Technologies LLC raised its holdings in SigmaTron International by 5.9% during the 2nd quarter. Renaissance Technologies LLC now owns 139,887 shares of the technology company’s stock worth $782,000 after purchasing an additional 7,800 shares during 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.