Trio Petroleum Corp (AMEX: TPET) is 8.26% higher on its value in year-to-date trading and has touched a low of $0.79 and a high of $6.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TPET stock was last observed hovering at around $1.42 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $1.31, the stock is 10.92% and 6.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing -7.75% at the moment leaves the stock -33.70% off its SMA200. TPET registered -71.02% loss for a year compared to 6-month gain of 32.46%.
The stock witnessed a 11.97% loss in the last 1 month and extending the period to 3 months gives it a -9.66%, and is 18.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.74% over the week and 5.97% over the month.
Trio Petroleum Corp (TPET) has around 1 employees, a market worth around $9.85M and $0.17M in sales. Profit margin for the company is -4047.74%. Distance from 52-week low is 65.82% and -80.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-61.60%).
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Trio Petroleum Corp (TPET) Top Institutional Holders
The shares outstanding are 7.50M, and float is at 7.18M with Short Float at 8.66%.
Trio Petroleum Corp (TPET) Insider Activity
The most recent transaction is an insider sale by PERNICE THOMAS J, the company’s Director. SEC filings show that PERNICE THOMAS J sold 1,250 shares of the company’s common stock on Jan 15 ’25 at a price of $1.73 per share for a total of $2162.0. Following the sale, the insider now owns 17750.0 shares.
Trio Petroleum Corp disclosed in a document filed with the SEC on Dec 09 ’24 that PERNICE THOMAS J (Director) sold a total of 2,750 shares of the company’s common stock. The trade occurred on Dec 09 ’24 and was made at $1.08 per share for $2981.0. Following the transaction, the insider now directly holds 19000.0 shares of the TPET stock.
Still, SEC filings show that on Oct 17 ’24, PERNICE THOMAS J (Director) disposed off 25,000 shares at an average price of $0.15 for $3838.0. The insider now directly holds 195,000 shares of Trio Petroleum Corp (TPET).
