SigmaTron International (NASDAQ:SGMA) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report issued on Thursday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Performance

Shares of SGMA stock opened at $1.81 on Thursday. SigmaTron International has a fifty-two week low of $1.50 and a fifty-two week high of $6.47. The stock’s 50-day moving average is $2.36 and its two-hundred day moving average is $3.17. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.15 and a quick ratio of 0.36. The firm has a market cap of $11.08 million, a P/E ratio of -1.83 and a beta of 0.95.

SigmaTron International (NASDAQ:SGMA) last announced its quarterly earnings results on Friday, December 20th. The technology company reported ($1.55) EPS for the quarter. SigmaTron International had a negative return on equity of 9.05% and a negative net margin of 1.67%.

Hedge Funds Weigh In On SigmaTron International

A hedge fund recently raised its stake in SigmaTron International stock. Renaissance Technologies LLC lifted its position in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 5.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 139,887 shares of the technology company’s stock after purchasing an additional 7,800 shares during the quarter. Renaissance Technologies LLC owned approximately 2.30% of SigmaTron International worth $782,000 as of its most recent filing with the Securities and Exchange Commission. 23.85% of the stock is currently owned by 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.