Stock Rating Downgrade
The Value Trend Rating for Trio-Tech International (NYSEAMERICAN: TRT) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Trio-Tech International (NYSEAMERICAN: TRT) stock declined slightly by -0.4% on 10/11/24. The stock closed at $6.61. Moreover, unusually high trading volume at 168% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 5.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, TRT is expected to continue to be Value Creation neutral.
Trio-Tech International has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trio-Tech International has a neutral Power Rating of 47 and a slightly negative Appreciation Score of 34, resulting in the Negative Value Trend Rating.
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