Research analysts at StockNews.com began coverage on shares of Trio-Tech International (NYSE:TRT – Get Free Report) in a research report issued on Friday. The firm set a “buy” rating on the stock.
Trio-Tech International Stock Performance
NYSE TRT opened at $6.09 on Friday. The firm has a market capitalization of $25.88 million, a price-to-earnings ratio of 26.48 and a beta of 0.98. The company has a current ratio of 3.29, a quick ratio of 3.01 and a debt-to-equity ratio of 0.02. The firm’s 50 day simple moving average is $6.39 and its 200 day simple moving average is $5.88. Trio-Tech International has a 1 year low of $4.64 and a 1 year high of $8.62.
Trio-Tech International (NYSE:TRT – Get Free Report) last released its quarterly earnings results on Monday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $10.40 million during the quarter. Trio-Tech International had a net margin of 2.33% and a return on equity of 3.15%.
Institutional Inflows and Outflows
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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