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

StockNews.com assumed coverage on shares of SigmaTron International (NASDAQ:SGMA – Get Rating) in a research note issued on Monday. The firm set a “hold” rating on the technology company’s stock.

SigmaTron International Trading Down 3.1 %

Shares of SGMA opened at $4.02 on Monday. The company has a market capitalization of $24.41 million, a P/E ratio of -33.50 and a beta of 1.16. SigmaTron International has a one year low of $3.63 and a one year high of $10.28. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.50 and a current ratio of 2.04. The stock has a 50-day moving average price of $4.50 and a 200 day moving average price of $5.66.

SigmaTron International (NASDAQ:SGMA – Get Rating) last issued its quarterly earnings results on Friday, December 9th. The technology company reported $0.14 EPS for the quarter. SigmaTron International had a return on equity of 5.78% and a net margin of 0.04%. The firm had revenue of $108.68 million during the quarter.

Institutional Trading of SigmaTron International

Several institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in SigmaTron International by 5.5% during the third quarter. Royal Bank of Canada now owns 65,401 shares of the technology company’s stock valued at $310,000 after buying an additional 3,401 shares in the last quarter. Vanguard Group Inc. raised its position in shares of SigmaTron International by 6.1% during the 1st quarter. Vanguard Group Inc. now owns 152,481 shares of the technology company’s stock worth $1,041,000 after purchasing an additional 8,791 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of SigmaTron International during the 3rd quarter worth approximately $55,000. Sanders Morris Harris LLC acquired a new stake in shares of SigmaTron International during the 4th quarter worth approximately $50,000. Finally, Lake Street Advisors Group LLC acquired a new stake in shares of SigmaTron International during the 3rd quarter worth approximately $67,000. Institutional investors and hedge funds own 17.38% of the company’s stock.

About SigmaTron International

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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 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; and assistance in obtaining product approval from governmental and other regulatory bodies.