SigmaTron International (NASDAQ:SGMA) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research note issued on Tuesday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Down 4.4 %

Shares of NASDAQ:SGMA opened at $1.47 on Tuesday. The firm has a market cap of $9.01 million, a P/E ratio of -0.58 and a beta of 0.94. SigmaTron International has a 12-month low of $1.47 and a 12-month high of $6.47. The business has a fifty day simple moving average of $1.70 and a 200 day simple moving average of $2.43. The company has a quick ratio of 0.32, a current ratio of 1.16 and a debt-to-equity ratio of 0.09.

SigmaTron International (NASDAQ:SGMA) last posted its quarterly earnings data on Friday, December 20th. The technology company reported ($1.55) EPS for the quarter. SigmaTron International had a negative return on equity of 24.68% and a negative net margin of 4.62%.

Institutional Investors Weigh In On SigmaTron International

Large investors have recently modified their holdings of the company. Virtu Financial LLC acquired a new position in SigmaTron International in the fourth quarter valued at $36,000. TCW Group Inc. bought a new position in shares of SigmaTron International in the 4th quarter worth about $154,000. Finally, Renaissance Technologies LLC lifted its stake in shares of SigmaTron International by 34.1% in the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock valued at $356,000 after purchasing an additional 50,858 shares during the period. 23.85% of the stock is currently owned by institutional investors and hedge funds.

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.