TheStreet Upgrades Trio-Tech International (NYSE:TRT) to “B-“

Trio-Tech International (NYSE:TRT) was upgraded by investment analysts at TheStreet from a “c+” rating to a “b-” rating in a report issued on Tuesday, October 17th.

Trio-Tech International (NYSE TRT) traded down 0.175% during mid-day trading on Tuesday, reaching $5.141. The company had a trading volume of 6,152 shares. The stock has a market capitalization of $18.11 million and a PE ratio of 14.281. The company’s 50-day moving average is $4.98 and its 200-day moving average is $4.75. Trio-Tech International has a one year low of $2.75 and a one year high of $6.04.

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A hedge fund recently raised its stake in Trio-Tech International stock. Dimensional Fund Advisors LP grew its holdings in shares of Trio-Tech International (NYSE:TRT) by 4.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,332 shares of the company’s stock after acquiring an additional 3,500 shares during the period. Dimensional Fund Advisors LP owned about 2.17% of Trio-Tech International worth $380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Trio-Tech International

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.

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