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

Posted by Patrick Bannon on Jan 10th, 2025

StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA – Free Report) in a research report released on Thursday. The brokerage issued a hold rating on the technology company’s stock.

SigmaTron International Price Performance

Shares of NASDAQ SGMA opened at $1.81 on Thursday. The company has a fifty day moving average price of $2.33 and a 200 day moving average price of $3.15. The firm has a market cap of $11.08 million, a PE ratio of -1.83 and a beta of 0.95. The company has a current ratio of 1.15, a quick ratio of 0.36 and a debt-to-equity ratio of 0.09. SigmaTron International has a 1-year low of $1.50 and a 1-year high of $6.47.

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

Hedge Funds Weigh In On SigmaTron International

A hedge fund recently raised its stake in SigmaTron International stock. Dimensional Fund Advisors LP boosted its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA – Free Report) by 26.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 53,124 shares of the technology company’s stock after purchasing an additional 11,070 shares during the period. Dimensional Fund Advisors LP owned 0.87% of SigmaTron International worth $297,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 23.85% of the company’s stock.

About SigmaTron International

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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.