Trio-Tech International (NYSE:TRT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Trio-Tech International (NYSE:TRT – Get Rating) in a report released on Thursday morning. The brokerage issued a hold rating on the stock.

Trio-Tech International Stock Up 3.2 %

TRT stock opened at $4.63 on Thursday. The company has a quick ratio of 2.52, a current ratio of 2.73 and a debt-to-equity ratio of 0.04. Trio-Tech International has a one year low of $4.05 and a one year high of $5.49. The stock has a market cap of $18.87 million, a price-to-earnings ratio of 8.62 and a beta of 1.37.

About Trio-Tech International

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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.