SigmaTron International (NASDAQ:SGMA) Releases Quarterly Earnings Results

SigmaTron International (NASDAQ:SGMA) announced its earnings results on Friday. The technology company reported ($1.55) earnings per share for the quarter, Zacks reports. SigmaTron International had a negative return on equity of 9.05% and a negative net margin of 1.67%.

SigmaTron International Stock Down 3.1 %

SGMA stock traded down $0.05 during midday trading on Friday, hitting $1.54. The company’s stock had a trading volume of 46,008 shares, compared to its average volume of 35,211. The firm has a 50-day simple moving average of $2.68 and a 200-day simple moving average of $3.50. The company has a quick ratio of 0.36, a current ratio of 1.15 and a debt-to-equity ratio of 0.09. SigmaTron International has a 52-week low of $1.50 and a 52-week high of $6.47. The firm has a market capitalization of $9.42 million, a P/E ratio of -1.56 and a beta of 0.86.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of SigmaTron International in a research note on Monday. They set a “hold” rating on the 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.