A share price of Trio Petroleum Corp. [TPET] is currently trading at $0.25, down -0.35%. 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 -1.09% over the last week, with a monthly amount drifted -15.29%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Trio Petroleum Corp. experienced fluctuations in its stock price throughout the past year between $0.08 and $0.99. Trio Petroleum Corp. [AMEX: TPET] shares were valued at $0.25 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 0.2467 points at the first support level, and at 0.2390 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2590, and for the 2nd resistance point, it is at 0.2636.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Trio Petroleum Corp. [AMEX:TPET] 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 182.84, the price to book ratio is 1.31.
Transactions by insiders
Recent insider trading involved Ingriselli Frank C, Former Director, that happened on Jul 03 ’24 when 0.21 million shares were sold. Former Director, Ingriselli Frank C completed a deal on Jul 03 ’24 to sell 0.19 million shares. Meanwhile, Director PERNICE THOMAS J sold 10000.0 shares on Jul 01 ’24.
