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

Stock analysts at StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Wednesday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Trading Down 3.4 %

NASDAQ:SGMA opened at $4.52 on Wednesday. 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 stock has a market capitalization of $27.54 million, a price-to-earnings ratio of 25.11 and a beta of 0.89. The firm has a fifty day simple moving average of $4.11 and a two-hundred day simple moving average of $3.58. SigmaTron International has a 12 month low of $2.61 and a 12 month high of $7.89.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings results on Friday, March 8th. The technology company reported $0.10 EPS for the quarter. The business 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

A number of hedge funds have recently made changes to their positions in the business. Inspire Advisors LLC acquired a new position in shares of SigmaTron International during the first quarter valued at about $46,000. Bailard Inc. acquired a new position in shares of SigmaTron International during the fourth quarter valued at about $64,000. Finally, Catalytic Wealth RIA LLC acquired a new position in shares of SigmaTron International during the fourth quarter valued at about $292,000. 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.