Trio Petroleum Corp [TPET] stock prices are up 49.44% to $2.66 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 gain 18.75% over the last week, with a monthly amount glided 220.87%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Trio Petroleum Corp [TPET] has been fluctuating between $0.79 and $14.39 over the past year. Trio Petroleum Corp [AMEX: TPET] shares were valued at $2.66 at the most recent close of the market.
Analyzing the TPET fundamentals
Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at -29.16%, Pretax Profit Margin comes in at -45.15%, and Net Profit Margin reading is -45.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.82, Equity is -1.07 and Total Capital is -0.68. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
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 2.1000 points at the first support level, and at 1.5500 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.2300, and for the 2nd resistance point, it is at 3.8100.
Ratios To Look Out For
It’s worth pointing out that Trio Petroleum Corp [AMEX:TPET]’s Current Ratio is 0.22. Also, the Quick Ratio is 0.22, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 47.75, the price to book ratio is 0.94.
Transactions by insiders
Recent insider trading involved PERNICE THOMAS J, Director, that happened on Jan 15 ’25 when 1250.0 shares were sold. Director, PERNICE THOMAS J completed a deal on Dec 09 ’24 to sell 2750.0 shares. Meanwhile, Director PERNICE THOMAS J sold 25000.0 shares on Oct 17 ’24.
