Trio-Tech International (NYSE:TRT) Earns Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Trio-Tech International (NYSE:TRT) in a report published on Friday. The brokerage issued a buy rating on the stock.

Trio-Tech International Trading Up 0.6 %

TRT opened at $6.35 on Friday. The stock has a market capitalization of $26.48 million, a PE ratio of 30.24 and a beta of 0.97. The firm’s fifty day moving average price is $6.23 and its 200 day moving average price is $5.70. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.72 and a quick ratio of 2.45. Trio-Tech International has a 12-month low of $4.20 and a 12-month high of $8.62.

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

Trio-Tech International Company Profile

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.