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Trio-Tech Upgraded to Outperform on Backlog Growth & Strong Liquidity

Source: zacks.com

Analyst InsightsCompany FundamentalsAutomotive & EV
Trio-Tech Upgraded to Outperform on Backlog Growth & Strong Liquidity

TRT was upgraded to Outperform, with the analyst citing a growing backlog, expansion in automotive semiconductors, stronger liquidity and improving cash flow. The analyst also pointed to signs of recovery in IE; no financial figures or share-price reaction were provided.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

TRT0.65

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