Analysts at StockNews.com initiated coverage on shares of Trio-Tech International (NYSE:TRT – Get Free Report) in a research report issued on Thursday. The firm set a “buy” rating on the stock.
Trio-Tech International Price Performance
Trio-Tech International stock opened at $6.59 on Thursday. Trio-Tech International has a 12-month low of $4.19 and a 12-month high of $8.62. The stock has a market cap of $27.48 million, a P/E ratio of 31.38 and a beta of 0.96. The company has a 50-day moving average price of $6.18 and a 200 day moving average price of $5.75. The company has a current ratio of 2.72, a quick ratio of 2.45 and a debt-to-equity ratio of 0.02.
Trio-Tech International (NYSE:TRT – Get Free Report) last released 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 net margin of 2.17% and a return on equity of 2.91%. The firm 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.
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