Trio-Tech International (NYSE:TRT) Trading Down 2.4% – Should You Sell?

Trio-Tech International (NYSE:TRTGet Free Report)’s share price was down 2.4% during trading on Friday . The stock traded as low as $9.35 and last traded at $9.61. Approximately 23,202 shares changed hands during trading, an increase of 79% from the average daily volume of 12,947 shares. The stock had previously closed at $9.85.

Trio-Tech International Stock Down 2.4%

The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.25 and a current ratio of 4.54. The company has a market cap of $41.81 million, a P/E ratio of 68.64 and a beta of 1.00. The stock has a 50 day moving average price of $7.72 and a 200 day moving average price of $6.24.

Trio-Tech International Company Profile

(Get Free Report)

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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