SigmaTron International (NASDAQ:SGMA) Stock Crosses Below Two Hundred Day Moving Average of $4.21

Shares of SigmaTron International, Inc. (NASDAQ:SGMA) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.21 and traded as low as $2.41. SigmaTron International shares last traded at $2.52, with a volume of 26,642 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of SigmaTron International from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 18th.

SigmaTron International Stock Up 4.1 %

The firm’s 50-day moving average price is $4.86 and its 200 day moving average price is $4.21. The firm has a market capitalization of $15.36 million, a price-to-earnings ratio of 14.00 and a beta of 0.88. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.28 and a quick ratio of 0.69.

Institutional Trading of SigmaTron International

Large investors have recently modified their holdings of the business. Bailard Inc. acquired a new stake in SigmaTron International during the fourth quarter worth approximately $64,000. Catalytic Wealth RIA LLC acquired a new stake in SigmaTron International during the fourth quarter worth approximately $292,000. Inspire Advisors LLC acquired a new stake in SigmaTron International during the first quarter worth approximately $46,000. Privium Fund Management UK Ltd acquired a new stake in SigmaTron International during the second quarter worth approximately $58,000. Finally, Dimensional Fund Advisors LP boosted its position in SigmaTron International by 26.3% during the second quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock worth $297,000 after acquiring an additional 11,070 shares during the last 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.