SigmaTron International (NASDAQ:SGMA) Receives New Coverage from Analysts at StockNews.com

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

SigmaTron International Trading Down 4.9 %

Shares of SigmaTron International stock opened at $4.48 on Monday. The stock has a market capitalization of $27.28 million, a P/E ratio of 24.89 and a beta of 0.89. SigmaTron International has a 12-month low of $2.61 and a 12-month high of $7.89. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20. The company has a 50-day simple moving average of $3.76 and a 200 day simple moving average of $3.43.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SigmaTron International stock. Bailard Inc. bought a new position in SigmaTron International, Inc. (NASDAQ:SGMA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 21,275 shares of the technology company’s stock, valued at approximately $64,000. Bailard Inc. owned about 0.35% of SigmaTron International at the end of the most recent quarter. 23.85% of the stock is currently owned by institutional investors and hedge funds.

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.