Sigma Labs (NASDAQ:SGLB) Stock Rating Upgraded by Benchmark

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Sigma Labs (NASDAQ:SGLB) was upgraded by analysts at Benchmark to an “add” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

SGLB has been the topic of several other research reports. Aegis began coverage on shares of Sigma Labs in a report on Friday, August 16th. They issued a “buy” rating and a $2.00 price target on the stock. Zacks Investment Research lowered shares of Sigma Labs from a “hold” rating to a “sell” rating in a report on Thursday, August 8th.

Shares of Sigma Labs stock opened at $0.90 on Wednesday. The company’s fifty day moving average price is $0.65 and its two-hundred day moving average price is $0.97. Sigma Labs has a 52-week low of $0.45 and a 52-week high of $2.46.

Sigma Labs (NASDAQ:SGLB) last announced its quarterly earnings results on Thursday, November 14th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by ($0.03). The business had revenue of $0.17 million during the quarter. Sigma Labs had a negative net margin of 1,947.56% and a negative return on equity of 330.63%.

Sigma Labs Company Profile

Sigma Labs, Inc develops and commercializes manufacturing and materials technologies. It offers PrintRite3D quality assurance software apps primarily for 3D printing and additive manufacturing industries. The company's products are used in advanced manufacturing technologies to assure part quality in real time as the part is being made and enhance process control practices.

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