Sigma Labs (NASDAQ:SGLB) Upgraded to “Add” by Benchmark

Sigma Labs (NASDAQ:SGLB) was upgraded by investment analysts at Benchmark to an “add” rating in a report issued on Wednesday, The Fly reports.

A number of other research firms also recently issued reports on SGLB. Aegis started coverage on shares of Sigma Labs in a research report on Friday, August 16th. They set a “buy” rating and a $2.00 target price on the stock. Zacks Investment Research downgraded shares of Sigma Labs from a “hold” rating to a “sell” rating in a research report on Thursday, August 8th.

Sigma Labs stock opened at $0.90 on Wednesday. Sigma Labs has a 1 year low of $0.45 and a 1 year high of $2.46. The company’s 50-day moving average is $0.65 and its two-hundred day moving average is $0.97.

Sigma Labs (NASDAQ:SGLB) last released its earnings results on Thursday, November 14th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.03). Sigma Labs had a negative net margin of 1,947.56% and a negative return on equity of 330.63%. The business had revenue of $0.17 million for the quarter.

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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