Trio Petroleum Corp. [TPET] stock prices are up 6.81% to $0.30 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TPET shares have lost -2.20% over the last week, with a monthly amount glided 13.75%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of Trio Petroleum Corp. [TPET] has been fluctuating between $0.08 and $1.97 over the past year. Trio Petroleum Corp. [AMEX: TPET] shares were valued at $0.30 at the most recent close of the market.
Analyzing the TPET fundamentals
Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -93.48%, Pretax Profit Margin comes in at -126.68%, and Net Profit Margin reading is -126.68%. To continue investigating profitability, this company’s Return on Assets is posted at -0.78, Equity is -0.95 and Total Capital is -0.7. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2709 points at the first support level, and at 0.2441 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3203, and for the 2nd resistance point, it is at 0.3429.
Ratios To Look Out For
It’s worth pointing out that Trio Petroleum Corp. [AMEX:TPET]’s Current Ratio is 0.40. Also, the Quick Ratio is 0.40, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 214.12, the price to book ratio is 1.54.
Transactions by insiders
Recent insider trading involved PERNICE THOMAS J, Director, that happened on Jun 03 ’24 when 10000.0 shares were sold. Director, PERNICE THOMAS J completed a deal on May 01 ’24 to sell 10000.0 shares. Meanwhile, Director Randall John W. sold 60000.0 shares on Feb 09 ’24.
