Trio Petroleum Corp [TPET] stock is trading at $1.92, down -5.88%. 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 gain 64.10% over the last week, with a monthly amount glided 76.15%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Trio Petroleum Corp [TPET] stock has fluctuated between $0.79 and $14.39 over the past year. Trio Petroleum Corp [AMEX: TPET] shares were valued at $1.92 at the most recent close of the market.
Analyzing the TPET fundamentals
Gross Profit Margin for this corporation currently stands at 0.98% with Operating Profit Margin at -45.34%, Pretax Profit Margin comes in at -68.0%, and Net Profit Margin reading is -68.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.79, Equity is -1.01 and Total Capital is -0.76. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
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 1.6633 points at the first support level, and at 1.4067 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.2333, and for the 2nd resistance point, it is at 2.5467.
Ratios To Look Out For
For context, Trio Petroleum Corp’s Current Ratio is 0.17. Also, the Quick Ratio is 0.17, while the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 51.70, the price to book ratio is 0.60.
Transactions by insiders
Recent insider trading involved PERNICE THOMAS J, Director, that happened on Dec 09 ’24 when 2750.0 shares were sold. Director, PERNICE THOMAS J completed a deal on Oct 17 ’24 to sell 25000.0 shares. Meanwhile, Director PERNICE THOMAS J bought 25000.0 shares on Oct 17 ’24.
