Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
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
After finishing at $0.28 in the prior trading day, Trio Petroleum Corp. (AMEX: TPET) closed at $0.28, up 1.04%. In other words, the price has increased by $1.04 from its previous closing price. On the day, 1.09 million shares were traded. TPET stock price reached its highest trading level at $0.2895 during the session, while it also had its lowest trading level at $0.2736.
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 0.40 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 Jul 01 ’24 when PERNICE THOMAS J sold 10,000 shares for $0.31 per share. The transaction valued at 3,110 led to the insider holds 210,000 shares of the business.
Ingriselli Frank C sold 280,000 shares of TPET for $75,040 on Jun 27 ’24. The Former Director now owns 0 shares after completing the transaction at $0.27 per share. On Jun 03 ’24, another insider, PERNICE THOMAS J, who serves as the Director of the company, sold 10,000 shares for $0.23 each. As a result, the insider received 2,270 and left with 220,000 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 14207679 and an Enterprise Value of 14535492. For the stock, the TTM Price-to-Sale (P/S) ratio is 202.97 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 199.327 whereas that against EBITDA is -2.133.
Stock Price History:
Over the past 52 weeks, TPET has reached a high of $1.64, while it has fallen to a 52-week low of $0.08. The 50-Day Moving Average of the stock is -6.57%, while the 200-Day Moving Average is calculated to be -4.70%.
Shares Statistics:
The stock has traded on average 21.34M shares per day over the past 3-months and 2478590 shares per day over the last 10 days, according to various share statistics. A total of 50.33M shares are outstanding, with a floating share count of 32.63M. Insiders hold about 33.94% of the company’s shares, while institutions hold 1.02% stake in the company. Shares short for TPET as of 1718323200 were 1801945 with a Short Ratio of 0.08, compared to 1715731200 on 969423. Therefore, it implies a Short% of Shares Outstanding of 1801945 and a Short% of Float of 4.01.
