Tungray Technologies’ (TRSG) Sell (D) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their sell (d) rating on shares of Tungray Technologies (NASDAQ:TRSG) in a research note published on Friday,Weiss Ratings reports.

Tungray Technologies Stock Down 3.6%

TRSG stock opened at $1.40 on Friday. The stock’s 50 day simple moving average is $1.54 and its 200 day simple moving average is $1.66. Tungray Technologies has a 12-month low of $1.00 and a 12-month high of $3.45. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.26 and a quick ratio of 1.97.

Tungray Technologies Company Profile

Tungray Technologies Inc, through its subsidiaries, provides tooling and customized industrial manufacturing solutions in China and Singapore. It offers customized industrial test and tooling solutions; welding equipment manufacturing; and direct drive and linear direct current motors. The company also designs, develops, and manufactures non- standard equipment, such as automated assembly equipment, precision testing equipment, tooling fixtures, etc., as well as induction brazing and hardening equipment, and tooling fixtures; researches, develops, and sells intelligent robots and storage equipment; and installs industrial machinery and equipment, and mechanical engineering works.