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

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

SigmaTron International Stock Performance

NASDAQ:SGMA opened at $1.70 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32. The firm has a market cap of $10.40 million, a price-to-earnings ratio of -0.67 and a beta of 0.95. The firm’s fifty day moving average price is $2.20 and its 200 day moving average price is $3.01. SigmaTron International has a 1-year low of $1.50 and a 1-year high of $6.47.

SigmaTron International (NASDAQ:SGMA) last issued its 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%.

Hedge Funds Weigh In On SigmaTron International

A hedge fund recently raised its stake in SigmaTron International stock. Renaissance Technologies LLC grew its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 5.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,887 shares of the technology company’s stock after acquiring an additional 7,800 shares during the period. Renaissance Technologies LLC owned about 2.30% of SigmaTron International worth $782,000 at the end of the most recent reporting period. 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.