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

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

SigmaTron International Price Performance

SigmaTron International stock opened at $3.66 on Wednesday. The company has a fifty day simple moving average of $3.39 and a 200-day simple moving average of $3.26. The firm has a market capitalization of $22.29 million, a price-to-earnings ratio of 20.33 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 has a 52-week low of $2.07 and a 52-week high of $7.89.

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

Institutional Trading of SigmaTron International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Catalytic Wealth RIA LLC purchased a new position in SigmaTron International during the 4th quarter valued at about $292,000. Bailard Inc. acquired a new position in shares of SigmaTron International during the 4th quarter worth about $64,000. Susquehanna International Group LLP acquired a new stake in shares of SigmaTron International during the 4th quarter worth about $77,000. First Republic Investment Management Inc. acquired a new stake in SigmaTron International during the 2nd quarter worth $118,000. Finally, Vanguard Group Inc. boosted its stake in SigmaTron International by 10.4% in the third quarter. Vanguard Group Inc. now owns 168,490 shares of the technology company’s stock valued at $527,000 after acquiring an additional 15,917 shares in the last quarter. 23.85% of the stock is currently owned by hedge funds and other institutional investors.

SigmaTron International Company Profile

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.