SigmaTron International (NASDAQ:SGMA) Shares Cross Above 200-Day Moving Average of $3.31

SigmaTron International, Inc. (NASDAQ:SGMA)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.31 and traded as high as $4.07. SigmaTron International shares last traded at $3.95, with a volume of 29,878 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of SigmaTron International in a research report on Saturday. They set a “hold” rating for the company.

SigmaTron International Trading Down 0.5 %

The stock’s fifty day simple moving average is $3.58 and its 200-day simple moving average is $3.31. The firm has a market cap of $24.07 million, a PE ratio of 21.94 and a beta of 0.93. The company has a debt-to-equity ratio of 1.20, a current ratio of 2.28 and a quick ratio of 0.69.

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

Institutional Trading of SigmaTron International

Hedge funds and other institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC acquired a new stake in SigmaTron International during the third quarter valued at $55,000. Bailard Inc. acquired a new stake in SigmaTron International during the fourth quarter valued at $64,000. Citadel Advisors LLC acquired a new stake in SigmaTron International during the third quarter valued at $75,000. Susquehanna International Group LLP acquired a new stake in SigmaTron International during the fourth quarter valued at $77,000. Finally, First Republic Investment Management Inc. acquired a new stake in shares of SigmaTron International in the second quarter valued at about $118,000. Institutional investors and hedge funds own 23.85% of the company’s stock.

SigmaTron International Company Profile

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.