SigmaTron International (NASDAQ:SGMA) Share Price Passes Above Two Hundred Day Moving Average of $3.75

SigmaTron International, Inc. (NASDAQ:SGMA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.75 and traded as high as $5.43. SigmaTron International shares last traded at $5.11, with a volume of 14,710 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of SigmaTron International in a report on Friday, June 7th. They issued a “strong-buy” rating for the company.

SigmaTron International Trading Down 0.2 %

The business’s fifty day moving average is $4.52 and its 200-day moving average is $3.75. The stock has a market capitalization of $31.12 million, a PE ratio of 28.39 and a beta of 0.87. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20.

Institutional Investors Weigh In On SigmaTron International

Institutional investors have recently bought and sold shares of the stock. Inspire Advisors LLC purchased a new stake in SigmaTron International during the first quarter worth approximately $46,000. Bailard Inc. purchased a new stake in SigmaTron International during the fourth quarter worth approximately $64,000. Finally, Catalytic Wealth RIA LLC purchased a new stake in SigmaTron International during the fourth quarter worth approximately $292,000. 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.