Trio-Tech International (NYSE:TRT) Shares Purchased by Empowered Funds LLC

Empowered Funds LLC lifted its stake in Trio-Tech International (NYSE:TRT) by 5.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,478 shares of the company’s stock after acquiring an additional 1,742 shares during the period. Empowered Funds LLC owned 0.81% of Trio-Tech International worth $191,000 as of its most recent filing with the Securities and Exchange Commission.

Trio-Tech International Trading Up 0.1 %

NYSE:TRT opened at $6.87 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.64 and a current ratio of 3.99. The company has a market capitalization of $29.20 million, a P/E ratio of 49.07 and a beta of 1.01. The stock’s 50 day moving average price is $6.43 and its 200 day moving average price is $6.14. Trio-Tech International has a 52 week low of $4.64 and a 52 week high of $7.88.

Trio-Tech International (NYSE:TRT) last posted its earnings results on Monday, September 23rd. The company reported $0.06 earnings per share for the quarter. Trio-Tech International had a return on equity of 1.82% and a net margin of 1.39%. The firm had revenue of $9.75 million during the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Trio-Tech International in a research note on Wednesday. They set a “buy” rating on the stock.

Trio-Tech International Profile

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.