Somewhat Positive News Coverage Somewhat Unlikely to Affect Trio-Tech International (TRT) Share Price
Press coverage about Trio-Tech International (NYSE:TRT) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Trio-Tech International earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.0630220690498 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Trio-Tech International (TRT) opened at 4.6601 on Wednesday. The stock has a 50 day moving average of $4.79 and a 200 day moving average of $4.36. The company has a market cap of $16.42 million and a price-to-earnings ratio of 14.5628. Trio-Tech International has a 1-year low of $2.75 and a 1-year high of $6.04.
Trio-Tech International (NYSE:TRT) last announced its quarterly earnings results on Thursday, May 11th. The company reported $0.10 EPS for the quarter. Trio-Tech International had a return on equity of 7.41% and a net margin of 3.88%. The company had revenue of $9.83 million during the quarter.
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Trio-Tech International Company Profile
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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