StockNews.com started coverage on shares of Trio-Tech International (NYSE:TRT – Free Report) in a research note issued to investors on Thursday morning. The brokerage issued a buy rating on the stock.
Trio-Tech International Price Performance
Shares of NYSE:TRT opened at $6.65 on Thursday. The company has a 50-day simple moving average of $6.18 and a 200-day simple moving average of $5.73. Trio-Tech International has a one year low of $4.19 and a one year high of $8.62. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.45 and a current ratio of 2.72. The stock has a market capitalization of $27.73 million, a price-to-earnings ratio of 31.67 and a beta of 0.96.
Trio-Tech International (NYSE:TRT – Get Free Report) last announced its earnings results on Monday, February 12th. The company reported $0.12 EPS for the quarter. The business had revenue of $12.20 million during the quarter. Trio-Tech International had a net margin of 2.17% and a return on equity of 2.91%.
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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