Equities researchers at StockNews.com started coverage on shares of Trio-Tech International (NYSE:TRT – Get Free Report) in a note issued to investors on Wednesday. The firm set a “buy” rating on the stock.
Trio-Tech International Stock Performance
Trio-Tech International stock opened at $5.45 on Wednesday. Trio-Tech International has a 52 week low of $4.64 and a 52 week high of $8.62. 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 stock has a market cap of $23.16 million, a P/E ratio of 24.78 and a beta of 1.02. The stock has a 50 day moving average of $6.09 and a 200-day moving average of $6.06.
Trio-Tech International (NYSE:TRT – Get Free Report) last released its earnings results on Monday, May 13th. The company reported $0.02 earnings per share for the quarter. Trio-Tech International had a net margin of 2.33% and a return on equity of 3.15%. The company had revenue of $10.40 million during the quarter.
Institutional Investors 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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