Trio-Tech International (AMEX:TRT) Down -12.44% Over The Past 30 Days: Any Troubles Ahead?

In last trading session, Trio-Tech International (AMEX:TRT) saw 0.32 million shares changing hands with its beta currently measuring 1.29. Company’s recent per share price level of $5.35 trading at -$1.54 or -22.35% at ring of the bell on the day assigns it a market valuation of $21.93M. That closing price of TRT’s stock is at a discount of -61.12% from its 52-week high price of $8.62 and is indicating a premium of 21.68% from its 52-week low price of $4.19. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 22580.0 shares which gives us an average trading volume of 35.37K if we extend that period to 3-months.

Trio-Tech International (AMEX:TRT) trade information

Upright in the red during last session for losing -22.35%, in the last five days TRT remained trading in the red while hitting it’s week-highest on Thursday, 11/16/23 when the stock touched $5.35 price level, adding 24.11% to its value on the day. Trio-Tech International’s shares saw a change of 18.89% in year-to-date performance and have moved -13.99% in past 5-day. Trio-Tech International (AMEX:TRT) showed a performance of -12.44% in past 30-days. Number of shares sold short was 27530.0 shares which calculate 0.86 days to cover the short interests.

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Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 3.38% during past 5 years.

TRT Dividends

Trio-Tech International is more likely to be releasing its next quarterly report between February 08 and February 12 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Trio-Tech International (AMEX:TRT)’s Major holders

Insiders are in possession of 38.49% of company’s total shares while institution are holding 14.70 percent of that, with stock having share float percentage of 23.91%. Investors also watch the number of corporate investors in a company very closely, which is 14.70% institutions for Trio-Tech International that are currently holding shares of the company. Renaissance Technologies, LLC is the top institutional holder at TRT for having 0.17 million shares of worth $0.91 million. And as of Sep 29, 2023, it was holding 4.14% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group Inc, which was holding about 0.14 million shares on Sep 29, 2023. The number of shares represents firm’s hold over 3.53% of outstanding shares, having a total worth of $0.77 million.

On the other hand, Vanguard Total Stock Market Index Fund and DFA U.S. Small Cap Value Series are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.11 million shares of worth $0.56 million or 2.57% of the total outstanding shares. The later fund manager was in possession of 51061.0 shares on Jul 30, 2023, making its stake of worth around $0.27 million in the company or a holder of 1.25% of company’s stock.

On Key

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