Dimensional Fund Advisors LP Acquires 8,030 Shares of Trio-Tech International (NYSE:TRT)

Dimensional Fund Advisors LP grew its stake in shares of Trio-Tech International (NYSE:TRT) by 7.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 122,064 shares of the company’s stock after purchasing an additional 8,030 shares during the period. Dimensional Fund Advisors LP owned approximately 2.87% of Trio-Tech International worth $709,000 as of its most recent filing with the Securities and Exchange Commission.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Trio-Tech International in a report on Wednesday. They issued a “buy” rating for the company.

Trio-Tech International Price Performance

Trio-Tech International stock opened at $4.95 on Friday. The company has a current ratio of 4.54, a quick ratio of 4.25 and a debt-to-equity ratio of 0.02. The company has a market cap of $21.05 million, a price-to-earnings ratio of 35.36 and a beta of 1.00. Trio-Tech International has a 12 month low of $4.85 and a 12 month high of $7.88. The business’s 50 day simple moving average is $5.56 and its 200 day simple moving average is $6.02.

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.