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In the latest session, Trio Petroleum Corp. (AMEX: TPET) closed at $0.15 down -0.45% from its previous closing price of $0.16. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 1.83 million shares were traded. TPET stock price reached its highest trading level at $0.155 during the session, while it also had its lowest trading level at $0.1508.
Ratios:
For a deeper understanding of Trio Petroleum Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 18 ’24 when Randall John W. sold 30,000 shares for $0.30 per share. The transaction valued at 9,024 led to the insider holds 70,000 shares of the business.
Ingriselli Frank C sold 210,000 shares of TPET for $57,330 on Jul 03 ’24. The Former Director now owns 47,000 shares after completing the transaction at $0.27 per share. On Jul 03 ’24, another insider, Ingriselli Frank C, who serves as the Former Director of the company, sold 190,000 shares for $0.27 each. As a result, the insider received 51,680 and left with 0 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 7834578 and an Enterprise Value of 9077230. For the stock, the TTM Price-to-Sale (P/S) ratio is 55.69 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 66.757 whereas that against EBITDA is -1.473.
Stock Price History:
Over the past 52 weeks, TPET has reached a high of $0.74, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -22.70%, while the 200-Day Moving Average is calculated to be -31.95%.
Shares Statistics:
For the past three months, TPET has traded an average of 3.39M shares per day and 4025620 over the past ten days. A total of 50.33M shares are outstanding, with a floating share count of 37.78M. Insiders hold about 24.93% of the company’s shares, while institutions hold 1.59% stake in the company. Shares short for TPET as of 1727654400 were 603546 with a Short Ratio of 0.18, compared to 1724976000 on 477325. Therefore, it implies a Short% of Shares Outstanding of 603546 and a Short% of Float of 1.39.
