Trio-Tech International (NYSE:TRT) Director Sells $14,640.00 in Stock

Trio-Tech International (NYSE:TRT) Director Jason T. Adelman sold 2,000 shares of Trio-Tech International stock in a transaction on Monday, November 25th. The stock was sold at an average price of $7.32, for a total transaction of $14,640.00. Following the completion of the transaction, the director now directly owns 20,000 shares in the company, valued at approximately $146,400. The trade was a 9.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Trio-Tech International Stock Up 0.6 %

Shares of NYSE TRT opened at $6.22 on Monday. The company has a quick ratio of 4.25, a current ratio of 4.54 and a debt-to-equity ratio of 0.02. Trio-Tech International has a 52 week low of $5.22 and a 52 week high of $7.88. The firm’s fifty day moving average is $6.01 and its 200 day moving average is $6.16. The company has a market cap of $26.45 million, a price-to-earnings ratio of 44.43 and a beta of 1.07.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Trio-Tech International in a research note on Monday. They issued a “buy” rating on the stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Trio-Tech International stock. Dimensional Fund Advisors LP boosted its stake in Trio-Tech International (NYSE:TRT) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,064 shares of the company’s stock after acquiring an additional 8,030 shares during the period. Dimensional Fund Advisors LP owned 2.87% of Trio-Tech International worth $709,000 at the end of the most recent reporting period. Institutional investors own 16.03% of the company’s stock.

Trio-Tech International Company Profile

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.