Investment analysts at StockNews.com started coverage on shares of Trio-Tech International (NYSE:TRT – Get Free Report) in a research report issued on Wednesday. The firm set a “buy” rating on the stock.
Trio-Tech International Stock Down 3.2 %
Shares of Trio-Tech International stock opened at $5.45 on Wednesday. Trio-Tech International has a 12-month low of $4.64 and a 12-month high of $8.62. The stock has a market capitalization of $23.16 million, a P/E ratio of 24.78 and a beta of 1.02. The company has a quick ratio of 3.01, a current ratio of 3.29 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average price of $6.09 and a two-hundred day moving average price of $6.06.
Trio-Tech International (NYSE:TRT – Get Free Report) last announced its earnings results on Monday, May 13th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $10.40 million during the quarter. Trio-Tech International had a return on equity of 3.15% and a net margin of 2.33%.
Institutional Trading of Trio-Tech International
Trio-Tech International Company Profile
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.
Recommended Stories
- Five stocks we like better than Trio-Tech International
- Upcoming IPO Stock Lockup Period, Explained
- Owens-Corning Stock: Good Value or Recession Red Flag?
- The 3 Best Fintech Stocks to Buy Now
- Datadog Exceeds Q2 Expectations, Solidifies Market Leadership
- 3 Healthcare Dividend Stocks to Buy
- Cybersecurity Stock Surges, Promising Double-Digit Gains
Receive News & Ratings for Trio-Tech International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trio-Tech International and related companies with MarketBeat.com's FREE daily email newsletter.