StockNews.com assumed coverage on shares of Trio-Tech International (NYSE:TRT – Free Report) in a report published on Saturday. The brokerage issued a buy rating on the stock.
Trio-Tech International Price Performance
TRT stock opened at $6.80 on Friday. The firm has a 50-day moving average of $5.97 and a 200 day moving average of $6.11. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.42 and a quick ratio of 3.08. The company has a market cap of $28.90 million, a P/E ratio of 29.57 and a beta of 1.02. Trio-Tech International has a 1 year low of $4.64 and a 1 year high of $7.88.
Trio-Tech International (NYSE:TRT – Get Free Report) last announced its earnings results on Monday, September 23rd. The company reported $0.06 earnings per share (EPS) for the quarter. Trio-Tech International had a return on equity of 3.37% and a net margin of 2.48%. The firm had revenue of $9.75 million during the quarter.
Institutional Trading of Trio-Tech International
About Trio-Tech International
Trio-Tech International, together with its subsidiaries, offers manufacturing, testing, and distribution services to the semiconductor industry. It operates through four segments: Manufacturing, Testing Services, Distribution, and Real Estate. The company develops and manufactures test equipment used in front-end and back-end manufacturing processes of semiconductors.
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