Sigma Labs (NASDAQ:SGLB) Now Covered by Dawson James
Dawson James assumed coverage on shares of Sigma Labs (NASDAQ:SGLB) in a research report report published on Wednesday morning, TipRanks reports. The brokerage issued a buy rating and a $5.00 price objective on the stock.
Separately, ValuEngine upgraded Sigma Labs from a hold rating to a buy rating in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $3.50.
NASDAQ:SGLB opened at $2.69 on Wednesday. The stock’s 50 day simple moving average is $2.64 and its 200-day simple moving average is $2.41. Sigma Labs has a 12-month low of $1.97 and a 12-month high of $11.70.
A hedge fund recently bought a new stake in Sigma Labs stock. Renaissance Technologies LLC bought a new position in shares of Sigma Labs Inc. (NASDAQ:SGLB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 36,500 shares of the company’s stock, valued at approximately $36,000. Renaissance Technologies LLC owned approximately 0.26% of Sigma Labs as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.97% of the company’s stock.
About Sigma Labs
Sigma Labs, Inc develops and commercializes manufacturing and materials technologies. It offers PrintRite3D quality assurance software apps primarily for 3D printing and additive manufacturing industries. The company's products are used in advanced manufacturing technologies to assure part quality in real time as the part is being made and enhance process control practices.
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