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

Stock analysts at StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMAGet Free Report) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Stock Performance

Shares of SGMA stock opened at $1.61 on Tuesday. 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 $1.73 and its two-hundred day moving average is $2.45. 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 $9.87 million, a P/E ratio of -0.64 and a beta of 0.94.

SigmaTron International (NASDAQ:SGMAGet Free Report) last posted its 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 24.68% and a negative net margin of 4.62%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Virtu Financial LLC acquired a new position in SigmaTron International during the fourth quarter valued at approximately $36,000. TCW Group Inc. bought a new position in SigmaTron International in the 4th quarter worth $154,000. Finally, Renaissance Technologies LLC lifted its position in SigmaTron International by 34.1% during the 4th quarter. Renaissance Technologies LLC now owns 199,945 shares of the technology company’s stock worth $356,000 after acquiring an additional 50,858 shares during the last quarter. Institutional investors and hedge funds own 23.85% of the company’s stock.

SigmaTron International Company Profile

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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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