Trio-Tech International (NYSE:TRT) Director Richard Horowitz Sells 7,500 Shares

Trio-Tech International (NYSE:TRT) Director Richard Horowitz sold 7,500 shares of the business’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $7.50, for a total transaction of $56,250.00. Following the sale, the director directly owned 621,500 shares in the company, valued at approximately $4,661,250. This represents a 1.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Trio-Tech International Price Performance

Trio-Tech International stock traded down $0.06 during mid-day trading on Friday, reaching $7.11. The company had a trading volume of 129,121 shares, compared to its average volume of 212,253. The stock’s 50-day simple moving average is $4.86 and its 200-day simple moving average is $3.60. Trio-Tech International has a 1 year low of $2.31 and a 1 year high of $7.60. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.54 and a quick ratio of 4.25. The company has a market capitalization of $61.86 million, a P/E ratio of 50.79 and a beta of 0.96.

About Trio-Tech International

Trio-Tech International, Inc, headquartered in Hackensack, New Jersey, is a publicly traded provider of electronic manufacturing services (EMS) and LED‐based technology solutions. Founded in 1986, the company offers turnkey design, engineering, prototyping, assembly and supply chain management services to customers across a range of end markets, including industrial controls, telecommunications, medical equipment and instrumentation.

Within its EMS segment, Trio-Tech delivers printed circuit board assembly (including surface‐mount, through‐hole and mixed-technology boards), box-build and system integration, cable harness design and manufacturing, conformal coating and testing.