Trio-Tech International (TRT) Posts Quarterly Earnings Results

Trio-Tech International (NYSEAMERICAN:TRT) posted its quarterly earnings data on Monday. The company reported $0.18 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Trio-Tech International had a net margin of 5.53% and a return on equity of 11.25%.

Trio-Tech International (NYSEAMERICAN:TRT) traded down $0.21 during trading hours on Tuesday, reaching $6.02. 25,496 shares of the company’s stock were exchanged, compared to its average volume of 44,667. The firm has a market capitalization of $21.91, a price-to-earnings ratio of 14.05 and a beta of 1.15. Trio-Tech International has a 52-week low of $3.65 and a 52-week high of $8.47.

Separately, TheStreet downgraded shares of Trio-Tech International from a “b-” rating to a “c” rating in a report on Friday, December 1st.

In other Trio-Tech International news, CFO Victor Hock Ming Ting sold 8,011 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $8.11, for a total value of $64,969.21. Following the transaction, the chief financial officer now directly owns 97,752 shares in the company, valued at $792,768.72. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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Trio-Tech International Company Profile

Trio-Tech International (Trio-Tech) is engaged in providing third-party semiconductor testing and burn-in services primarily through its laboratories in Southeast Asia. The Company operates its business in four segments: Manufacturing, Testing Services, Distribution and Real Estate. The Company operates in the United States, Singapore, Malaysia, Thailand and China.

Earnings History for Trio-Tech International (NYSEAMERICAN:TRT)

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