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

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

SigmaTron International Price Performance

SGMA opened at $1.71 on Friday. The stock’s 50 day simple moving average is $2.18 and its 200 day simple moving average is $2.95. 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 has a 1 year low of $1.50 and a 1 year high of $6.47. The firm has a market cap of $10.47 million, a price-to-earnings ratio of -0.67 and a beta of 0.95.

SigmaTron International (NASDAQ:SGMA) last released its quarterly earnings data on Friday, December 20th. The technology company reported ($1.55) earnings per share 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 hedge fund recently raised its stake in SigmaTron International stock. Dimensional Fund Advisors LP raised its stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA) by 26.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,124 shares of the technology company’s stock after buying an additional 11,070 shares during the quarter. Dimensional Fund Advisors LP owned about 0.87% of SigmaTron International worth $297,000 at the end of the most recent quarter. 23.85% of the stock is owned by institutional investors.

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.