StockNews.com assumed coverage on shares of Trio-Tech International (NYSE:TRT – Free Report) in a research note issued to investors on Thursday morning. The firm issued a buy rating on the stock.
Trio-Tech International Trading Up 2.6 %
Shares of Trio-Tech International stock opened at $6.65 on Thursday. The stock has a market cap of $27.73 million, a P/E ratio of 31.67 and a beta of 0.96. The stock’s 50 day simple moving average is $6.18 and its 200-day simple moving average is $5.74. Trio-Tech International has a 1-year low of $4.19 and a 1-year high of $8.62. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.72 and a quick ratio of 2.45.
Trio-Tech International (NYSE:TRT – Get Free Report) last issued its earnings results on Monday, February 12th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $12.20 million for the quarter. Trio-Tech International had a return on equity of 2.91% and a net margin of 2.17%.
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.
Read More
- Five stocks we like better than Trio-Tech International
- Best Stocks Under $10.00
- MarketBeat Week in Review – 4/22 – 4/26
- What is the NASDAQ Stock Exchange?
- 3 Stocks Leading the U.S. Agriculture Comeback
- Canada Bond Market Holiday: How to Invest and Trade
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Trio-Tech International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trio-Tech International and related companies with MarketBeat.com's FREE daily email newsletter.
