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Trio-Tech International (TRT) Stock: What Does the Chart Say Friday?

Friday, December 31, 2021 10:52 AM | InvestorsObserver Analysts

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Trio-Tech International (TRT) Stock: What Does the Chart Say Friday?

Overall market sentiment has been down on Trio-Tech International (TRT) stock lately. TRT receives a Bearish rating from InvestorsObserver 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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TRT Stock Today?

Trio-Tech International (TRT) stock is up 4.8% while the S&P 500 has fallen -0.11% as of 10:35 AM on Friday, Dec 31. TRT is higher by $0.56 from the previous closing price of $11.76 on volume of 162,098 shares. Over the past year the S&P 500 has gained 27.91% while TRT is higher by 223.62%. TRT earned $0.04 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 298.07. To screen for more stocks like 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. Click Here to get the full Stock Report for Trio-Tech International stock.

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