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

StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Monday. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Trading Up 4.4 %

SGMA opened at $1.60 on Monday. The company’s 50 day moving average is $1.81 and its 200-day moving average is $2.51. SigmaTron International has a 1-year low of $1.50 and a 1-year high of $6.47. The company has a current ratio of 1.16, a quick ratio of 0.32 and a debt-to-equity ratio of 0.09. The company has a market cap of $9.79 million, a P/E ratio of -0.63 and a beta of 0.94.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SGMA. Virtu Financial LLC bought a new position in SigmaTron International in the 4th quarter valued at approximately $36,000. TCW Group Inc. bought a new position in SigmaTron International during the 4th quarter worth approximately $154,000. Finally, Dimensional Fund Advisors LP raised its holdings in SigmaTron International by 26.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 53,124 shares of the technology company’s stock worth $297,000 after purchasing an additional 11,070 shares during the last quarter. Institutional investors own 23.85% of the company’s stock.

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.