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

Investment analysts at StockNews.com initiated coverage on shares of Trio-Tech International (NYSE:TRT) in a research note issued on Thursday. The brokerage set a “buy” rating on the stock.

Trio-Tech International Price Performance

Shares of NYSE TRT opened at $6.59 on Thursday. Trio-Tech International has a fifty-two week low of $4.19 and a fifty-two week high of $8.62. The company has a 50 day simple moving average of $6.18 and a two-hundred day simple moving average of $5.75. The company has a market capitalization of $27.48 million, a price-to-earnings ratio of 31.38 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.

Trio-Tech International (NYSE:TRT) last posted its quarterly earnings results on Monday, February 12th. The company reported $0.12 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 for the quarter.

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.