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After finishing at $1.94 in the prior trading day, Trio Petroleum Corp (AMEX: TPET) closed at $1.58, down -18.67%. In other words, the price has decreased by -$18.67 from its previous closing price. On the day, 0.7 million shares were traded. TPET stock price reached its highest trading level at $2.25 during the session, while it also had its lowest trading level at $1.4201.
Ratios:
Our goal is to gain a better understanding of TPET by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.10 and its Current Ratio is at 0.20. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 17 ’24 when PERNICE THOMAS J sold 25,000 shares for $0.15 per share. The transaction valued at 3,838 led to the insider holds 195,000 shares of the business.
PERNICE THOMAS J bought 25,000 shares of TPET for $3,750 on Oct 17 ’24. On Jun 18 ’24, another insider, Randall John W., who serves as the Director of the company, sold 30,000 shares for $0.30 each. As a result, the insider received 9,024 and left with 70,000 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 3998475 and an Enterprise Value of 80855488. For the stock, the TTM Price-to-Sale (P/S) ratio is 79.97 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 594.635 whereas that against EBITDA is -13.12.
Stock Price History:
Over the past 52 weeks, TPET has reached a high of $14.39, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -52.91%, while the 200-Day Moving Average is calculated to be -63.96%.
Shares Statistics:
The stock has traded on average 178.33K shares per day over the past 3-months and 125968 shares per day over the last 10 days, according to various share statistics. A total of 5.06M shares are outstanding, with a floating share count of 4.61M. Insiders hold about 17.10% of the company’s shares, while institutions hold 6.60% stake in the company. Shares short for TPET as of 1730332800 were 84529 with a Short Ratio of 0.02, compared to 1727654400 on 30177. Therefore, it implies a Short% of Shares Outstanding of 84529 and a Short% of Float of 3.8900003.
