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

Posted by Jessica Moore on May 10th, 2024

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

SigmaTron International Price Performance

SigmaTron International stock opened at $4.70 on Monday. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.28 and a quick ratio of 0.69. The stock has a market cap of $28.64 million, a price-to-earnings ratio of 26.11 and a beta of 0.89. The firm has a 50-day moving average of $3.82 and a two-hundred day moving average of $3.46. SigmaTron International has a 1 year low of $2.61 and a 1 year high of $7.89.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Inspire Advisors LLC bought a new stake in SigmaTron International during the first quarter valued at about $46,000. Bailard Inc. purchased a new stake in shares of SigmaTron International during the fourth quarter valued at about $64,000. Finally, Catalytic Wealth RIA LLC bought a new stake in shares of SigmaTron International in the 4th quarter valued at about $292,000. 23.85% of the stock is currently owned by hedge funds and other institutional investors.

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.