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 note released on Wednesday morning. The brokerage issued a hold rating on the technology company’s stock.

SigmaTron International Price Performance

SGMA opened at $4.55 on Wednesday. SigmaTron International has a 12-month low of $2.61 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 business’s fifty day simple moving average is $4.13 and its 200-day simple moving average is $3.59. The company has a market capitalization of $27.71 million, a price-to-earnings ratio of 25.28 and a beta of 0.89.

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 return on equity of 8.96% and a net margin of 0.29%. The business had revenue of $95.92 million for the quarter.

Institutional Investors Weigh In On SigmaTron International

Institutional investors have recently added to or reduced their stakes in the business. Inspire Advisors LLC acquired a new stake in SigmaTron International in the first quarter worth about $46,000. Bailard Inc. acquired a new stake in SigmaTron International in the fourth quarter worth about $64,000. Finally, Catalytic Wealth RIA LLC acquired a new stake in SigmaTron International in the fourth quarter worth about $292,000. Institutional investors and hedge funds 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.