StockNews.com began coverage on shares of Trio-Tech International (NYSE:TRT – Get Rating) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the stock.
Trio-Tech International Stock Performance
NYSE TRT opened at $4.52 on Wednesday. The firm has a market capitalization of $18.44 million, a PE ratio of 9.42 and a beta of 1.37. The stock's 50 day moving average is $4.67 and its 200 day moving average is $4.77. Trio-Tech International has a twelve month low of $4.05 and a twelve month high of $8.45. The company has a quick ratio of 2.22, a current ratio of 2.48 and a debt-to-equity ratio of 0.04.
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Trio-Tech International engages in the provision of third-party semiconductor testing and burn-in services. It operates through the following segments: Manufacturing, Testing Services, Distribution, and Real Estate. The Manufacturing segment produces both front-end and back-end semiconductor test equipment and related peripherals.
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