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The closing price of Trio Petroleum Corp (AMEX: TPET) was $1.51 for the day, up 15.27% from the previous closing price of $1.31. In other words, the price has increased by $15.27 from its previous closing price. On the day, 4.56 million shares were traded.
Ratios:
Our analysis of TPET’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 15 ’25 when PERNICE THOMAS J sold 1,250 shares for $1.73 per share. The transaction valued at 2,162 led to the insider holds 17,750 shares of the business.
PERNICE THOMAS J sold 2,750 shares of TPET for $2,981 on Dec 09 ’24. The Director now owns 19,000 shares after completing the transaction at $1.08 per share. On Oct 17 ’24, another insider, PERNICE THOMAS J, who serves as the Director of the company, sold 25,000 shares for $0.15 each. As a result, the insider received 3,838 and left with 195,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 66.79 while its Price-to-Book (P/B) ratio in mrq is 0.99.
Stock Price History:
Over the past 52 weeks, TPET has reached a high of $6.50, while it has fallen to a 52-week low of $0.79. The 50-Day Moving Average of the stock is 22.22%, while the 200-Day Moving Average is calculated to be -22.91%.
Shares Statistics:
A total of 7.50M shares are outstanding, with a floating share count of 7.18M. Insiders hold about 4.56% of the company’s shares, while institutions hold 3.69% stake in the company.
