Trio-Tech International (NYSE:TRT) now covered by StockNews.com
StockNews.com equity research analysts have begun covering stocks of Trio-Tech International (NYSE: TRT – Get a review) in a research report released Tuesday. The brokerage has placed a “holding” rating on the stock.
Shares of Trio-Tech International opened at $4.20 on Tuesday. The company has a market capitalization of $16.59 million, a PE ratio of 30.00 and a beta of 1.51. The stock has a fifty-day simple moving average of $4.78. The company has a current ratio of 2.84, a quick ratio of 2.60 and a debt ratio of 0.06. Trio-Tech International has a 12-month low of $3.86 and a 12-month high of $13.73.
Trio-Tech International (NYSE:TRT – Get Rating) last released its results on Monday, May 16. The company reported ($0.04) EPS for the quarter. The company had revenue of $11.14 million in the quarter. Trio-Tech International had a return on equity of 2.23% and a net margin of 1.47%.
About Trio-Tech International (Get a rating)
Trio-Tech International, together with its subsidiaries, provides manufacturing, testing and distribution services to the semiconductor industry. The Company’s Testing Services segment offers stabilization baking, thermal shock, temperature cycling, mechanical shock, constant acceleration, coarse and fine leakage, electrical, static and dynamic burn-in, and vibration, as well as contracted laboratory equipment and microprocessor cleaning services. .
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