Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Trio Petroleum Corp (AMEX: TPET) closed at $2.04 in the last session, up 60.63% from day before closing price of $1.27. In other words, the price has increased by $60.63 from its previous closing price. On the day, 88.98 million shares were traded. TPET stock price reached its highest trading level at $2.6 during the session, while it also had its lowest trading level at $1.4.
Ratios:
We take a closer look at TPET’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 09 ’24 when PERNICE THOMAS J sold 2,750 shares for $1.08 per share. The transaction valued at 2,981 led to the insider holds 19,000 shares of the business.
PERNICE THOMAS J sold 25,000 shares of TPET for $3,838 on Oct 17 ’24. The Director now owns 195,000 shares after completing the transaction at $0.15 per share. On Oct 17 ’24, another insider, PERNICE THOMAS J, who serves as the Director of the company, bought 25,000 shares for $0.15 each.
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 7696144 and an Enterprise Value of 103951160. For the stock, the TTM Price-to-Sale (P/S) ratio is 54.93 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 764.487 whereas that against EBITDA is -16.868.
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 28.11%, while the 200-Day Moving Average is calculated to be -50.15%.
Shares Statistics:
According to the various share statistics, TPET traded on average about 2.53M shares per day over the past 3-months and 2033880 shares per day over the past 10 days. A total of 3.77M shares are outstanding, with a floating share count of 2.90M. Insiders hold about 23.03% of the company’s shares, while institutions hold 0.57% stake in the company. Shares short for TPET as of 1734048000 were 198797 with a Short Ratio of 0.08, compared to 1731628800 on 131690. Therefore, it implies a Short% of Shares Outstanding of 198797 and a Short% of Float of 5.82.
