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Is Trio-Tech International (TRT) Stock About to Get Hot Friday?

Friday, July 31, 2020 10:58 AM | InvestorsObserver Analysts

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Is Trio-Tech International (TRT) Stock About to Get Hot Friday?

Overall market sentiment has been down on Trio-Tech International (TRT) stock lately. TRT receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Trio-Tech International has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TRT!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.

InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.

For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TRT Stock Today?

Trio-Tech International (TRT) stock has gained 7.87% while the S&P 500 is lower by -0.27% as of 10:40 AM on Friday, Jul 31. TRT has gained $0.28 from the previous closing price of $3.56 on volume of 33,872 shares. Over the past year the S&P 500 has risen 8.63% while TRT has gained 14.97%. TRT earned $0.32 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.82.

To see InvestorsObserver's Sentiment Score for Trio-Tech International click here.

More About Trio-Tech International

Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China.

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