SigmaTron International (NASDAQ:SGMA) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA) in a research report sent to investors on Tuesday. The firm issued a hold rating on the technology company’s stock.

SigmaTron International Stock Performance

SGMA opened at $1.46 on Tuesday. The business has a fifty day simple moving average of $1.68 and a 200 day simple moving average of $2.42. The company has a market capitalization of $8.94 million, a PE ratio of -0.57 and a beta of 0.94. SigmaTron International has a 1 year low of $1.41 and a 1 year high of $6.47. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.16 and a quick ratio of 0.32.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings results on Friday, December 20th. The technology company reported ($1.55) earnings per share (EPS) 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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC raised its holdings in shares of 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 buying an additional 50,858 shares in the last quarter. Virtu Financial LLC bought a new stake in SigmaTron International during the 4th quarter worth $36,000. Finally, TCW Group Inc. bought a new stake in shares of SigmaTron International in the 4th quarter valued at about $154,000. 23.85% of the stock is owned by institutional investors and hedge funds.

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.