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

Defense World ·  Mar 2, 2023 16:52

Equities researchers at StockNews.com began coverage on shares of Trio-Tech International (NYSE:TRT – Get Rating) in a research report issued on Thursday. The brokerage set a "hold" rating on the stock.

Trio-Tech International Stock Down 1.1 %

Shares of NYSE TRT opened at $4.45 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.48 and a quick ratio of 2.22. The company has a 50-day moving average price of $4.67 and a 200-day moving average price of $4.76. Trio-Tech International has a 1 year low of $4.05 and a 1 year high of $8.45. The stock has a market capitalization of $18.16 million, a P/E ratio of 9.27 and a beta of 1.37.

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Trio-Tech International Company Profile

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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.

Further Reading

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