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 report issued on Thursday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Price Performance

NASDAQ SGMA opened at $1.29 on Thursday. The stock has a market capitalization of $7.89 million, a P/E ratio of -0.51 and a beta of 0.94. SigmaTron International has a 52 week low of $1.27 and a 52 week high of $6.47. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.32 and a current ratio of 1.16. The stock has a fifty day moving average of $1.62 and a 200-day moving average of $2.34.

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

Hedge Funds Weigh In On SigmaTron International

A number of hedge funds and other institutional investors have recently bought and sold shares of SGMA. Renaissance Technologies LLC lifted its stake in shares of SigmaTron International by 34.1% in the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock valued at $356,000 after purchasing an additional 50,858 shares during the period. TCW Group Inc. bought a new stake in SigmaTron International in the fourth quarter valued at about $154,000. Finally, Virtu Financial LLC bought a new stake in SigmaTron International in the fourth quarter valued at about $36,000. 23.85% of the stock is owned by institutional investors.

About SigmaTron International

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.