Analysts at StockNews.com began coverage on shares of Trio-Tech International (NYSE:TRT – Get Free Report) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating on the stock.
Trio-Tech International Price Performance
NYSE:TRT opened at $5.52 on Tuesday. The business’s 50-day moving average price is $6.18 and its 200 day moving average price is $6.04. The firm has a market cap of $23.45 million, a P/E ratio of 23.99 and a beta of 1.02. Trio-Tech International has a 52-week low of $4.64 and a 52-week high of $8.62. The company has a quick ratio of 3.01, a current ratio of 3.29 and a debt-to-equity ratio of 0.02.
Trio-Tech International (NYSE:TRT – Get Free Report) last issued its quarterly earnings results on Monday, May 13th. The company reported $0.02 earnings per share for the quarter. Trio-Tech International had a return on equity of 3.15% and a net margin of 2.33%. The firm had revenue of $10.40 million for the quarter.
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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