Investment analysts at StockNews.com initiated coverage on shares of Trio-Tech International (NYSE:TRT – Get Free Report) in a report released on Sunday. The firm set a “buy” rating on the stock.
Trio-Tech International Stock Down 3.2 %
TRT stock opened at $6.02 on Friday. The company’s 50 day moving average is $6.34 and its 200 day moving average is $5.97. The stock has a market cap of $25.59 million, a price-to-earnings ratio of 26.17 and a beta of 1.02. The company has a current ratio of 3.29, a quick ratio of 3.01 and a debt-to-equity ratio of 0.02. 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 issued its quarterly earnings results on Monday, May 13th. The company reported $0.02 EPS for the quarter. The firm had revenue of $10.40 million for the quarter. Trio-Tech International had a net margin of 2.33% and a return on equity of 3.15%.
Hedge Funds Weigh In On 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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