Closing Strong: Trio Petroleum Corp (TPET) Ends at 1.39, Down -6.08 from Last Close

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After finishing at $1.48 in the prior trading day, Trio Petroleum Corp (AMEX: TPET) closed at $1.39, down -6.08%. In other words, the price has decreased by -$6.08 from its previous closing price. On the day, 0.67 million shares were traded.

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 0.22 and its Current Ratio is at 0.22. In the meantime, Its Debt-to-Equity ratio is 0.10 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 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 24.95 while its Price-to-Book (P/B) ratio in mrq is 0.49.

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 $0.79. The 50-Day Moving Average of the stock is -7.91%, while the 200-Day Moving Average is calculated to be -62.62%.

Shares Statistics:

A total of 3.77M shares are outstanding, with a floating share count of 3.60M. Insiders hold about 4.56% of the company’s shares, while institutions hold 1.79% stake in the company.

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