Trio-Tech International (TRT) Downgraded by TheStreet to C

TheStreet lowered shares of Trio-Tech International (NYSEAMERICAN:TRT) from a b- rating to a c rating in a research note published on Friday morning.

Separately, ValuEngine cut shares of Trio-Tech International from a hold rating to a sell rating in a report on Monday, August 28th.

Trio-Tech International (NYSEAMERICAN TRT) traded up $0.03 during midday trading on Friday, hitting $8.00. 77,200 shares of the company were exchanged, compared to its average volume of 28,938. Trio-Tech International has a fifty-two week low of $3.20 and a fifty-two week high of $8.47.

In other Trio-Tech International news, CFO Victor Hock Ming Ting sold 8,011 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $8.11, for a total value of $64,969.21. Following the completion of the sale, the chief financial officer now owns 97,752 shares in the company, valued at approximately $792,768.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jason T. Adelman sold 7,400 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $6.46, for a total transaction of $47,804.00. The disclosure for this sale can be found here. Insiders sold a total of 20,061 shares of company stock valued at $149,415 in the last ninety days.

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

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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.

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