StockNews.com Begins Coverage on SigmaTron International (NASDAQ:SGMA)

StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report report published on Saturday morning. The brokerage issued a hold rating on the technology company’s stock.

SigmaTron International Trading Up 4.1 %

Shares of SGMA opened at $4.03 on Friday. 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 firm has a market capitalization of $24.54 million, a P/E ratio of 22.38 and a beta of 0.93. The stock’s fifty day simple moving average is $3.61 and its 200 day simple moving average is $3.33. SigmaTron International has a twelve month low of $2.07 and a twelve month high of $7.89.

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

Institutional Trading of SigmaTron International

A hedge fund recently bought a new stake in SigmaTron International stock. Bailard Inc. bought a new stake in SigmaTron International, Inc. (NASDAQ:SGMA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,275 shares of the technology company’s stock, valued at approximately $64,000. Bailard Inc. owned 0.35% of SigmaTron International as of its most recent SEC filing. 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.