StockNews.com began coverage on shares of Trio-Tech International (NYSE:TRT – Free Report) in a research report released on Friday morning. The firm issued a buy rating on the stock.
Trio-Tech International Stock Down 6.6 %
TRT opened at $6.92 on Friday. The company has a market cap of $29.41 million, a P/E ratio of 27.68 and a beta of 1.02. The business’s 50-day moving average price is $5.87 and its 200-day moving average price is $6.10. The company has a current ratio of 3.42, a quick ratio of 3.08 and a debt-to-equity ratio of 0.02. Trio-Tech International has a 12 month low of $4.64 and a 12 month high of $7.88.
Trio-Tech International (NYSE:TRT – Get Free Report) last posted its earnings results on Monday, September 23rd. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $9.75 million for the quarter. Trio-Tech International had a return on equity of 3.37% and a net margin of 2.48%.
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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