In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Trio Petroleum Corp’s stock clocked out at $1.36, down -21.39% from its previous closing price of $1.73. In other words, the price has decreased by -$21.39% from its previous closing price. On the day, 1.58 million shares were traded. TPET stock price reached its highest trading level at $1.458 during the session, while it also had its lowest trading level at $1.32.
Ratios:
To gain a deeper understanding of TPET’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TPET now has a Market Capitalization of 10230600 and an Enterprise Value of 9362674. For the stock, the TTM Price-to-Sale (P/S) ratio is 60.16 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 53.694 whereas that against EBITDA is -1.91.
Stock Price History:
The Beta on a monthly basis for TPET is -5.56, which has changed by -0.75627244 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. 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 9.07%, while the 200-Day Moving Average is calculated to be -28.11%.
Shares Statistics:
It appears that TPET traded 1.12M shares on average per day over the past three months and 5972190 shares per day over the past ten days. 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. Shares short for TPET as of 1748563200 were 622102 with a Short Ratio of 0.56, compared to 1745971200 on 468568. Therefore, it implies a Short% of Shares Outstanding of 622102 and a Short% of Float of 8.559999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
