Trio Petroleum Corp (AMEX:TPET) currently has a daily average trading volume of 2.53M but it saw 88982135 shares traded in last market. With a market cap of 7.69M USD, the company’s current market price of $2.04 came rising about 60.63 while comparing to the previous closing price of $1.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.39 and as low as $0.79. In the recent trading on the day, stock has struck highest price mark of $1.4 while lowest mark touched by it was $2.6.
Taking a look at 20-day trading activity of Trio Petroleum Corp (TPET) gives us an average price of $1.1100, while its current price level is -85.83% below from 52-week high level whereas it is 158.23% 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 $1.5900 while that of 200 days or SMA-200 reads an average of $4.0900. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.79% during that period while stretching the period over a month that decreases to 25.68%. 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 67.59 which implies that the stock is in neutral territory.
Over the week, TPET’s stock price is moving 68.60% up while it is 97.10% when we observe its performance for the past one month. Year-to-date it is 68.60% up and over the past year, the stock is showing a downside performance of -67.32%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Trio Petroleum Corp’s total number of outstanding shares is 3.77M with 11.00% of that held by the insiders while 0.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -114.54% and return on equity (ROE) at -100.62%. Stock’s beta reads -7.92. Stock has a price to book (P/B) ratio of 0.64 while price to sale or P/S ratio amounts to 54.93. Its return on asset (ROA) is -80.78% on average.
