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

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

SigmaTron International Price Performance

SGMA stock opened at $3.98 on Friday. The firm has a 50 day moving average of $3.53 and a 200-day moving average of $3.29. SigmaTron International has a 12-month low of $2.07 and a 12-month high of $7.89. The company has a current ratio of 2.28, a quick ratio of 0.69 and a debt-to-equity ratio of 1.20. The company has a market cap of $24.24 million, a price-to-earnings ratio of 22.11 and a beta of 0.93.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings results on Friday, March 8th. The technology company reported $0.10 earnings per share (EPS) for the quarter. SigmaTron International had a net margin of 0.29% and a return on equity of 8.96%. The company had revenue of $95.92 million during the quarter.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC acquired a new position in shares of SigmaTron International in the 3rd quarter valued at $55,000. Bailard Inc. bought a new stake in shares of SigmaTron International in the 4th quarter worth about $64,000. Citadel Advisors LLC bought a new stake in shares of SigmaTron International during the 3rd quarter valued at about $75,000. Susquehanna International Group LLP bought a new position in SigmaTron International in the 4th quarter worth about $77,000. Finally, First Republic Investment Management Inc. acquired a new stake in shares of SigmaTron International in the 2nd quarter worth approximately $118,000. 23.85% of the stock is owned by hedge funds and other institutional investors.

About SigmaTron International

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.