EA Series Trust Takes Position in Trio-Tech International (NYSE:TRT)

EA Series Trust purchased a new stake in shares of Trio-Tech International (NYSE:TRT – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 23,571 shares of the company’s stock, valued at approximately $113,000. EA Series Trust owned 0.58% of Trio-Tech International at the end of the most recent reporting period.

Separately, Acadian Asset Management LLC lifted its holdings in shares of Trio-Tech International by 6.2% during the 1st quarter. Acadian Asset Management LLC now owns 54,686 shares of the company’s stock valued at $393,000 after buying an additional 3,214 shares during the period. Institutional investors and hedge funds own 15.92% of the company’s stock.

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Trio-Tech International Trading Up 6.0 %

NYSE:TRT opened at $6.99 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.09 and a quick ratio of 2.86. The firm has a market capitalization of $28.52 million, a price-to-earnings ratio of 18.89 and a beta of 1.32. Trio-Tech International has a one year low of $4.19 and a one year high of $8.62. The business has a fifty day moving average price of $6.79 and a 200-day moving average price of $5.57.

Trio-Tech International (NYSE:TRT – Get Free Report) last posted its quarterly earnings data on Wednesday, September 27th. The company reported $0.04 EPS for the quarter. The firm had revenue of $9.08 million during the quarter. Trio-Tech International had a return on equity of 5.25% and a net margin of 3.57%.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Trio-Tech International in a research note on Monday, October 16th. They issued a “buy” rating for the company.

View Our Latest Research Report on TRT

Trio-Tech International Company Profile

(Free Report)

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.

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