SigmaTron International, Inc. (NASDAQ:SGMA – Get Free Report) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 23,900 shares, an increase of 31.3% from the May 31st total of 18,200 shares. Based on an average daily trading volume, of 26,400 shares, the short-interest ratio is presently 0.9 days.
SigmaTron International Trading Up 3.7 %
SigmaTron International stock opened at $5.59 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.69 and a current ratio of 2.28. The business’s 50-day simple moving average is $4.82 and its 200-day simple moving average is $3.89. The firm has a market capitalization of $34.04 million, a PE ratio of 31.06 and a beta of 0.87. SigmaTron International has a 52 week low of $2.61 and a 52 week high of $7.89.
Hedge Funds Weigh In On SigmaTron International
A number of institutional investors have recently made changes to their positions in SGMA. Bailard Inc. bought a new position in shares of SigmaTron International in the fourth quarter worth about $64,000. Catalytic Wealth RIA LLC bought a new position in shares of SigmaTron International in the fourth quarter worth about $292,000. Finally, Inspire Advisors LLC bought a new position in shares of SigmaTron International in the first quarter worth about $46,000. 23.85% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on SGMA
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.
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