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

Shares of Trio-Tech International (TRT) traded up 1.22% during midday trading on Tuesday, hitting $4.96. The company had a trading volume of 13,093 shares. The firm has a market capitalization of $17.47 million and a P/E ratio of 13.78. Trio-Tech International has a 12-month low of $2.75 and a 12-month high of $6.04. The firm’s 50-day moving average is $4.79 and its 200-day moving average is $4.70.

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An institutional investor recently bought a new position in Trio-Tech International stock. Virtu KCG Holdings LLC bought a new stake in Trio-Tech International (NYSE:TRT) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 22,439 shares of the company’s stock, valued at approximately $112,000. Virtu KCG Holdings LLC owned about 0.64% of Trio-Tech International as of its most recent filing with the SEC.

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.

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