SigmaTron International (NASDAQ:SGMA) Stock Price Passes Above Two Hundred Day Moving Average of $3.87

SigmaTron International, Inc. (NASDAQ:SGMA) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.87 and traded as high as $5.98. SigmaTron International shares last traded at $5.39, with a volume of 52,238 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on SigmaTron International in a research report on Thursday, June 20th. They set a “strong-buy” rating for the company.

SigmaTron International Stock Performance

The stock has a market capitalization of $32.83 million, a PE ratio of 29.94 and a beta of 0.87. The stock has a fifty day moving average of $4.79 and a 200-day moving average of $3.87. 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SGMA. Inspire Advisors LLC acquired a new stake in SigmaTron International in the first quarter valued at $46,000. Bailard Inc. acquired a new stake in SigmaTron International in the fourth quarter valued at $64,000. Finally, Catalytic Wealth RIA LLC acquired a new stake in SigmaTron International in the fourth quarter valued at $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.