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

StockNews.com started coverage on shares of SigmaTron International (NASDAQ:SGMAFree Report) in a research note released on Thursday morning. The firm issued a strong-buy rating on the technology company’s stock.

SigmaTron International Stock Up 3.9 %

Shares of SGMA opened at $5.38 on Thursday. The company has a 50-day simple moving average of $4.66 and a 200-day simple moving average of $3.81. The firm has a market capitalization of $32.76 million, a P/E ratio of 29.89 and a beta of 0.87. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.69 and a current ratio of 2.28. SigmaTron International has a 52 week low of $2.61 and a 52 week high of $7.89.

Institutional Trading of SigmaTron International

Several hedge funds have recently modified their holdings of the stock. Bailard Inc. bought a new position in SigmaTron International in the fourth quarter valued at approximately $64,000. Catalytic Wealth RIA LLC bought a new position in SigmaTron International in the fourth quarter valued at approximately $292,000. Finally, Inspire Advisors LLC bought a new position in SigmaTron International in the first quarter valued at approximately $46,000. 23.85% of the stock is owned by institutional investors.

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, 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.

Further Reading

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