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

Equities researchers at StockNews.com initiated coverage on shares of SigmaTron International (NASDAQ:SGMA) in a report issued on Friday. The brokerage set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Down 4.5 %

SGMA stock opened at $1.05 on Friday. The company has a quick ratio of 0.32, a current ratio of 1.16 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $6.42 million, a PE ratio of -0.41 and a beta of 0.92. SigmaTron International has a twelve month low of $1.01 and a twelve month high of $6.47. The stock has a 50-day simple moving average of $1.55 and a two-hundred day simple moving average of $2.25.

SigmaTron International (NASDAQ:SGMA) last issued 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%.

Institutional Trading of SigmaTron International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in SigmaTron International in the fourth quarter valued at approximately $36,000. Renaissance Technologies LLC grew its stake in SigmaTron International by 34.1% in the fourth quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock worth $356,000 after purchasing an additional 50,858 shares during the period. Finally, TCW Group Inc. purchased a new stake in SigmaTron International in the fourth quarter worth $154,000. Hedge funds and other institutional investors own 23.85% of the company’s stock.

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.