SigmaTron International (NASDAQ:SGMA) Receives New Coverage from Analysts at StockNews.com

Posted by Trevor Kearing on Apr 23rd, 2024

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

SigmaTron International Stock Performance

Shares of SigmaTron International stock opened at $3.87 on Friday. The business’s fifty day simple moving average is $3.59 and its 200 day simple moving average is $3.32. The firm has a market capitalization of $23.57 million, a P/E ratio of 21.50 and a beta of 0.93. SigmaTron International has a 12 month low of $2.07 and a 12 month high of $7.89. The company has a current ratio of 2.28, a quick ratio of 0.69 and a debt-to-equity ratio of 1.20.

SigmaTron International (NASDAQ:SGMA – Get Free Report) last issued its quarterly earnings results on Friday, March 8th. The technology company reported $0.10 EPS for the quarter. The business had revenue of $95.92 million for the quarter. SigmaTron International had a return on equity of 8.96% and a net margin of 0.29%.

Institutional Trading of SigmaTron International

An institutional investor recently bought a new position in SigmaTron International stock. Catalytic Wealth RIA LLC acquired a new stake in shares of SigmaTron International, Inc. (NASDAQ:SGMA – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 97,111 shares of the technology company’s stock, valued at approximately $292,000. Catalytic Wealth RIA LLC owned 1.59% of SigmaTron International as of its most recent filing with the SEC. Institutional investors own 23.85% of the company’s stock.

SigmaTron International Company Profile

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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.