SigmaTron International, Inc. (NASDAQ:SGMA) traded at $3.56 at last check on Monday, Jun 29, making an upward move of 14.1% on its previous day’s price.
Looking at the stock we see that its previous close was $3.12 and the beta (5Y monthly) reads 1.2 with the day’s price range being $3.1300 – 4.5200. The company has a 12-month trailing PE ratio of 8.46. In terms of its 52-week price range, SGMA has a high of $5.67 and a low of $2.13. The company’s stock has gained about 15.21% over that past 30 days.
On the other hand, looking at the outlook for the SGMA stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of Hold.
Let’s briefly compare SigmaTron (SGMA) stock to its peers. We find that today’s price change of +14.1% and +34.85% over the past 12 months for SGMA betters that of Koninklijke Philips Electronics (PHG), which has seen its stock price rise 0.17% in the latest trading session and is +7.32% over the last one year. Another of its peers K L A-Tencor Corp (KLAC) has climbed 1.14% today, and is +62.21% up over the past year, while Garmin Ltd (GRMN) is also up 14.1% yet its price remains in the green at 34.85% over the same period. Koninklijke has a P/E ratio of 35.89 compared to SigmaTron’s 8.48 and K’s 29.9. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 2.32% and 1.47%, respectively, in early deals.
Coming back to SigmaTron International, Inc. (NASDAQ:SGMA), we note that the average 3-month trading volume was 28.54 Million, while that of the preceding 10-day period stands at 191.55 Million. Current shares outstanding are 4.24 Million.
According to data from Thomson Reuters, insiders hold 22.3% of the company’s shares while institutions hold 21.25%. The data shows that short shares as of June 14, 2020, stood at 1.46 Million at a short ratio of 0.06. This represents a 0.03% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 285Thousand. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -11.66% down in year-to-date price movement.