SigmaTron International, Inc. (NASDAQ:SGMA) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 11,800 shares, an increase of 20.4% from the March 31st total of 9,800 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 36,100 shares, the short-interest ratio is presently 0.3 days.
SGMA stock traded up $0.04 during mid-day trading on Tuesday, hitting $4.99. 107 shares of the stock were exchanged, compared to its average volume of 34,139. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.92 and a quick ratio of 0.59. The business has a fifty day moving average price of $5.47 and a 200 day moving average price of $4.78. SigmaTron International has a 12 month low of $2.70 and a 12 month high of $6.80. The stock has a market capitalization of $21.25 million, a price-to-earnings ratio of -24.95 and a beta of 1.27.
SigmaTron International (NASDAQ:SGMA) last issued its quarterly earnings results on Wednesday, March 10th. The technology company reported $0.06 earnings per share (EPS) for the quarter. SigmaTron International had a negative return on equity of 1.45% and a negative net margin of 0.33%. The firm had revenue of $71.53 million during the quarter.
A hedge fund recently raised its stake in SigmaTron International stock. Renaissance Technologies LLC increased its stake in SigmaTron International, Inc. (NASDAQ:SGMA) by 12.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 289,855 shares of the technology company’s stock after acquiring an additional 32,491 shares during the period. Renaissance Technologies LLC owned about 6.81% of SigmaTron International worth $1,357,000 as of its most recent SEC filing. 21.01% of the stock is currently owned by hedge funds and other institutional investors.
About SigmaTron International
SigmaTron International, Inc operates as an independent provider of electronic manufacturing services (EMS). Its EMS services includes printed circuit board assemblies 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; and assistance in obtaining product approval from governmental and other regulatory bodies.
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