SigmaTron International, Inc. (NASDAQ:SGMA – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 23,900 shares, an increase of 31.3% from the May 31st total of 18,200 shares. Based on an average daily volume of 26,400 shares, the short-interest ratio is currently 0.9 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on SigmaTron International in a research note on Thursday, June 20th. They issued a “strong-buy” rating for the company.
Get Our Latest Stock Report on SGMA
Hedge Funds Weigh In On SigmaTron International
SigmaTron International Stock Up 1.2 %
Shares of NASDAQ SGMA traded up $0.07 during trading on Monday, reaching $5.66. 89,578 shares of the stock were exchanged, compared to its average volume of 23,153. The company has a market capitalization of $34.44 million, a price-to-earnings ratio of 31.42 and a beta of 0.88. The business’s 50-day moving average price is $4.86 and its 200 day moving average price is $3.92. The company has a quick ratio of 0.69, a current ratio of 2.28 and a debt-to-equity ratio of 1.20. SigmaTron International has a twelve month low of $2.61 and a twelve month high of $7.89.
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.
Read More
- Five stocks we like better than SigmaTron International
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- What is MarketRankā¢? How to Use it
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for SigmaTron International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SigmaTron International and related companies with MarketBeat.com's FREE daily email newsletter.