StockNews.com Begins Coverage on SigmaTron International (NASDAQ:SGMA)

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

SigmaTron International Stock Down 2.0 %

Shares of SGMA stock opened at $3.87 on Friday. The stock has a 50 day moving average of $3.59 and a 200 day moving average of $3.32. The company has a current ratio of 2.28, a quick ratio of 0.69 and a debt-to-equity ratio of 1.20. The stock has a market cap of $23.57 million, a P/E ratio of 21.50 and a beta of 0.93. SigmaTron International has a twelve month low of $2.07 and a twelve month high of $7.89.

SigmaTron International (NASDAQ:SGMA) last announced its quarterly earnings results on Friday, March 8th. The technology company reported $0.10 earnings per share for the quarter. The company had revenue of $95.92 million during the quarter. SigmaTron International had a return on equity of 8.96% and a net margin of 0.29%.

Institutional Trading of SigmaTron International

A hedge fund recently bought a new stake in SigmaTron International stock. Catalytic Wealth RIA LLC purchased a new position in SigmaTron International, Inc. (NASDAQ:SGMA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 97,111 shares of the technology company’s stock, valued at approximately $292,000. Catalytic Wealth RIA LLC owned about 1.59% of SigmaTron International at the end of the most recent reporting period. Institutional investors and hedge funds 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.