Recent Under-the-Radar IPO of Tri-Tech Holding (TRIT) Continues to Creep Higher
More News related to TRIT
- Hawk Associates Sponsors China Growth Investor Conference in New York City
- Tri-Tech Holding (TRIT) Receives $1 Million Phase One Contract for Wastewater Treatment
- Tri-Tech Holding Awarded $1M Phase One Contract for Wastewater Treatment Plant
- Tri-Tech Holding (TRIT) Posts Q3 EPS of $0.27, Beats Y/Y
- Tri-Tech Holding Inc. Q3 Revenue Up 131% to $4.9M; Net Income Up 112% to $1.1M
Last week's small-cap IPO, Tri-Tech Holding Inc. (Nasdaq: TRIT), is continuing to see upside interest. After coming to the market on 9/10 at $6.75, shares closed the first day of trading at $8.75. It has been creeping higher ever since. Today shares are up another 10.5% today to $13.04.
Tri-Tech designs customized sewage treatment and odor control systems for China's municipalities and its larger cities. These systems combine software, information management systems, resource planning and local and distant networking hardware that includes sensors, control systems, programmable logic controllers, supervisory control and data acquisition systems. The company also designs systems that track natural waterway levels for drought control, monitor groundwater quality and assist the government in managing its water resources. Tri-tech owns seven software copyrights and two technological patents and employs 108 people.
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