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

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

SigmaTron International Trading Up 4.1 %

Shares of NASDAQ:SGMA opened at $4.03 on Friday. The stock has a market capitalization of $24.54 million, a price-to-earnings ratio of 22.38 and a beta of 0.93. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.69 and a current ratio of 2.28. The stock’s 50-day simple moving average is $3.61 and its two-hundred day simple moving average is $3.33. SigmaTron International has a 52-week low of $2.07 and a 52-week high of $7.89.

SigmaTron International (NASDAQ:SGMA) last announced its quarterly earnings data 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 return on equity of 8.96% and a net margin of 0.29%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SigmaTron International stock. Catalytic Wealth RIA LLC purchased a new position in SigmaTron International, Inc. (NASDAQ:SGMA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 97,111 shares of the technology company’s stock, valued at approximately $292,000. Catalytic Wealth RIA LLC owned approximately 1.59% of SigmaTron International at the end of the most recent quarter. 23.85% of the stock is currently owned by 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.