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

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

SigmaTron International Trading Up 0.2 %

NASDAQ:SGMA opened at $4.05 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.69 and a current ratio of 2.28. SigmaTron International has a one year low of $2.07 and a one year high of $7.89. The business’s 50-day simple moving average is $3.51 and its 200 day simple moving average is $3.28. The stock has a market cap of $24.68 million, a price-to-earnings ratio of 22.53 and a beta of 0.93.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings results on Friday, March 8th. The technology company reported $0.10 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 Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in SigmaTron International by 5.5% during the 3rd quarter. Royal Bank of Canada now owns 65,401 shares of the technology company’s stock worth $310,000 after buying an additional 3,401 shares during the last quarter. BlackRock Inc. lifted its holdings in SigmaTron International by 3.5% during the 1st quarter. BlackRock Inc. now owns 119,235 shares of the technology company’s stock worth $316,000 after buying an additional 4,037 shares during the last quarter. Vanguard Group Inc. lifted its holdings in SigmaTron International by 4.2% during the 4th quarter. Vanguard Group Inc. now owns 175,575 shares of the technology company’s stock worth $528,000 after buying an additional 7,085 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in SigmaTron International during the 3rd quarter worth approximately $55,000. Finally, Citadel Advisors LLC bought a new position in SigmaTron International during the 3rd quarter worth approximately $75,000. Institutional investors own 23.85% of the company’s stock.

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.