Trio-Tech International (NYSE:TRT) Now Covered by StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Trio-Tech International (NYSE:TRT) in a report released on Thursday. The firm set a “buy” rating on the stock.

Trio-Tech International Stock Performance

NYSE TRT opened at $6.44 on Thursday. The company has a market cap of $26.85 million, a P/E ratio of 30.67 and a beta of 0.96. 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 business’s 50 day moving average price is $6.15 and its 200-day moving average price is $5.75. Trio-Tech International has a fifty-two week low of $4.19 and a fifty-two week high of $8.62.

Trio-Tech International (NYSE:TRT) last posted its quarterly earnings data on Monday, February 12th. The company reported $0.12 earnings per share (EPS) for the quarter. Trio-Tech International had a return on equity of 2.91% and a net margin of 2.17%. The company had revenue of $12.20 million during the quarter.

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.