Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Trio Petroleum Corp. (AMEX: TPET) closed the day trading at $0.23 down -7.55% from the previous closing price of $0.25. In other words, the price has decreased by -$7.55 from its previous closing price. On the day, 3.03 million shares were traded. TPET stock price reached its highest trading level at $0.2513 during the session, while it also had its lowest trading level at $0.2282.
Ratios:
For a better understanding of TPET, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 0.06 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 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 11771789 and an Enterprise Value of 12099601. For the stock, the TTM Price-to-Sale (P/S) ratio is 168.17 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 165.923 whereas that against EBITDA is -1.776.
Stock Price History:
Over the past 52 weeks, TPET has reached a high of $0.97, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -14.26%, while the 200-Day Moving Average is calculated to be -10.78%.
Shares Statistics:
Over the past 3-months, TPET traded about 6.57M shares per day on average, while over the past 10 days, TPET traded about 6671170 shares per day. 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 1722384000 were 529478 with a Short Ratio of 0.08, compared to 1719532800 on 405603. Therefore, it implies a Short% of Shares Outstanding of 529478 and a Short% of Float of 1.23000005.
