Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Trio Petroleum Corp (AMEX: TPET) was $1.80 for the day, down -8.63% from the previous closing price of $1.97. In other words, the price has decreased by -$8.63 from its previous closing price. On the day, 1.8 million shares were traded. TPET stock price reached its highest trading level at $1.8793 during the session, while it also had its lowest trading level at $1.625.
Ratios:
Our analysis of TPET’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 6790716 and an Enterprise Value of 91872360. For the stock, the TTM Price-to-Sale (P/S) ratio is 48.47 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 675.656 whereas that against EBITDA is -14.908.
Stock Price History:
The Beta on a monthly basis for TPET is -8.34, which has changed by -0.53317535 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. 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 19.60%, while the 200-Day Moving Average is calculated to be -55.97%.
Shares Statistics:
TPET traded an average of 4.53M shares per day over the past three months and 12392680 shares per day over the past ten days. A total of 3.77M shares are outstanding, with a floating share count of 3.19M. Insiders hold about 15.44% of the company’s shares, while institutions hold 0.57% stake in the company. Shares short for TPET as of 1735603200 were 290265 with a Short Ratio of 0.06, compared to 1732838400 on 210827. Therefore, it implies a Short% of Shares Outstanding of 290265 and a Short% of Float of 8.5.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.