StockNews.com Begins Coverage on Trio-Tech International (NYSE:TRT)

Stock analysts at StockNews.com began coverage on shares of Trio-Tech International (NYSE:TRT) in a research note issued to investors on Friday. The firm set a “buy” rating on the stock.

Trio-Tech International Trading Up 0.7 %

Shares of Trio-Tech International stock opened at $6.35 on Friday. The company has a 50-day moving average of $6.23 and a two-hundred day moving average of $5.71. The stock has a market cap of $26.48 million, a PE ratio of 30.24 and a beta of 0.97. 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 has a 12-month low of $4.20 and a 12-month high of $8.62.

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

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.