Trio-Tech International (NYSE:TRT) Lifted to B- at TheStreet

Trio-Tech International (NYSE:TRT) was upgraded by equities researchers at TheStreet from a “c+” rating to a “b-” rating in a research report issued on Tuesday, October 17th.

Trio-Tech International (TRT) traded up $0.20 during mid-day trading on Tuesday, hitting $5.70. 11,999 shares of the stock traded hands, compared to its average volume of 26,044. Trio-Tech International has a 1 year low of $2.75 and a 1 year high of $6.04.

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A hedge fund recently raised its stake in Trio-Tech International stock. Dimensional Fund Advisors LP boosted its stake in Trio-Tech International (NYSE:TRT) by 4.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,332 shares of the company’s stock after acquiring an additional 3,500 shares during the period. Dimensional Fund Advisors LP owned about 2.17% of Trio-Tech International worth $380,000 as of its most recent SEC filing.

About Trio-Tech International

Trio-Tech International (Trio-Tech) is engaged in providing third-party semiconductor testing and burn-in services primarily through its laboratories in Southeast Asia. The Company operates its business in four segments: Manufacturing, Testing Services, Distribution and Real Estate. The Company operates in the United States, Singapore, Malaysia, Thailand and China.

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