SigmaTron International (NASDAQ:SGMA) Now Covered by StockNews.com

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

SigmaTron International Stock Down 1.6 %

Shares of NASDAQ SGMA opened at $1.81 on Thursday. The company has a quick ratio of 0.36, a current ratio of 1.15 and a debt-to-equity ratio of 0.09. The company has a market cap of $11.08 million, a price-to-earnings ratio of -1.83 and a beta of 0.95. SigmaTron International has a 12-month low of $1.50 and a 12-month high of $6.47. The firm’s 50-day simple moving average is $2.33 and its 200 day simple moving average is $3.15.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings results on Friday, December 20th. The technology company reported ($1.55) EPS for the quarter. SigmaTron International had a negative net margin of 1.67% and a negative return on equity of 9.05%.

Hedge Funds Weigh In On SigmaTron International

A hedge fund recently raised its stake in SigmaTron International stock. Dimensional Fund Advisors LP increased its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 26.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,124 shares of the technology company’s stock after purchasing an additional 11,070 shares during the period. Dimensional Fund Advisors LP owned approximately 0.87% of SigmaTron International worth $297,000 as of its most recent SEC filing. 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.