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In the latest session, Trio Petroleum Corp (AMEX: TPET) closed at $1.34 up 14.53% from its previous closing price of $1.17. In other words, the price has increased by $14.53 from its previous closing price. On the day, 0.86 million shares were traded. TPET stock price reached its highest trading level at $1.3499 during the session, while it also had its lowest trading level at $1.128.
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 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 3388753 and an Enterprise Value of 68721328. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.22 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 505.397 whereas that against EBITDA is -11.151.
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 $1.12. The 50-Day Moving Average of the stock is -56.44%, while the 200-Day Moving Average is calculated to be -69.02%.
Shares Statistics:
For the past three months, TPET has traded an average of 190.56K shares per day and 288610 over the past ten days. A total of 2.53M shares are outstanding, with a floating share count of 2.13M. Insiders hold about 15.75% of the company’s shares, while institutions hold 0.85% stake in the company. Shares short for TPET as of 1730332800 were 84529 with a Short Ratio of 0.44, compared to 1727654400 on 30177. Therefore, it implies a Short% of Shares Outstanding of 84529 and a Short% of Float of 3.8900003.
