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

StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report sent to investors on Sunday morning. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Stock Up 3.1 %

Shares of NASDAQ SGMA opened at $4.37 on Friday. The company’s 50-day simple moving average is $3.70 and its 200-day simple moving average is $3.39. SigmaTron International has a 52-week low of $2.25 and a 52-week high of $7.89. The firm has a market cap of $26.61 million, a price-to-earnings ratio of 24.28 and a beta of 0.93. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20.

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

Hedge Funds Weigh In On SigmaTron International

An institutional investor recently bought a new position in SigmaTron International stock. Bailard Inc. purchased a new position in SigmaTron International, Inc. (NASDAQ:SGMA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,275 shares of the technology company’s stock, valued at approximately $64,000. Bailard Inc. owned approximately 0.35% of SigmaTron International at the end of the most recent quarter. 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.