Trio Petroleum Corp. (AMEX:TPET) currently has a daily average trading volume of 6.60M but it saw 2240497 shares traded in last market. With a market cap of 13.42M USD, the company’s current market price of $0.27 came falling about -5.66 while comparing to the previous closing price of $0.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.97 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.2638 while lowest mark touched by it was $0.2787.
Taking a look at 20-day trading activity of Trio Petroleum Corp. (TPET) gives us an average price of $0.2607, while its current price level is -72.51% below from 52-week high level whereas it is 232.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2728 while that of 200 days or SMA-200 reads an average of $0.2633. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.86% during that period while stretching the period over a month that decreases to 10.14%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.75 which implies that the stock is in neutral territory.
Over the week, TPET’s stock price is moving -2.74% down while it is 3.73% when we observe its performance for the past one month. Year-to-date it is -13.94% down and over the past year, the stock is showing a downside performance of -51.60%.
Currently, Trio Petroleum Corp.’s total number of outstanding shares is 50.33M with 18.20% of that held by the insiders while 1.10% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -94.70% and return on equity (ROE) at -94.49%. Stock’s beta reads -8.39. Stock has a price to book (P/B) ratio of 1.38 while price to sale or P/S ratio amounts to 191.76. Its return on asset (ROA) is -80.88% on average.
