Trio-Tech International (NYSE:TRT) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Trio-Tech International (NYSE:TRT) in a research note issued to investors on Friday morning. The brokerage issued a buy rating on the stock.

Trio-Tech International Stock Performance

NYSE:TRT opened at $6.35 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.72 and a quick ratio of 2.45. The company has a market cap of $26.48 million, a price-to-earnings ratio of 30.24 and a beta of 0.97. Trio-Tech International has a 1 year low of $4.20 and a 1 year high of $8.62. The stock’s 50 day simple moving average is $6.23 and its two-hundred day simple moving average is $5.72.

Trio-Tech International (NYSE:TRT) last released its quarterly earnings results 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 company 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.