Trio-Tech International (NYSE:TRT) Director Richard Horowitz Sells 7,500 Shares of Stock

Trio-Tech International (NYSE:TRT) Director Richard Horowitz sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $7.50, for a total value of $56,250.00. Following the transaction, the director directly owned 621,500 shares of the company’s stock, valued at approximately $4,661,250. The trade was a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Trio-Tech International Price Performance

Trio-Tech International stock opened at $7.11 on Friday. The stock has a market capitalization of $61.86 million, a P/E ratio of 50.79 and a beta of 0.96. The company’s fifty day moving average price is $4.93 and its 200 day moving average price is $3.63. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.25 and a current ratio of 4.54. Trio-Tech International has a 1 year low of $2.31 and a 1 year high of $7.60.

About Trio-Tech International

Trio-Tech International, Inc, headquartered in Hackensack, New Jersey, is a publicly traded provider of electronic manufacturing services (EMS) and LED‐based technology solutions. Founded in 1986, the company offers turnkey design, engineering, prototyping, assembly and supply chain management services to customers across a range of end markets, including industrial controls, telecommunications, medical equipment and instrumentation.

Within its EMS segment, Trio-Tech delivers printed circuit board assembly (including surface‐mount, through‐hole and mixed-technology boards), box-build and system integration, cable harness design and manufacturing, conformal coating and testing.