Trio Petroleum Corp (AMEX:TPET) currently has a daily average trading volume of 5.56M but it saw 2647669 shares traded in last market. With a market cap of 8.71M USD, the company’s current market price of $2.31 came falling about -13.16 while comparing to the previous closing price of $2.66. 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 $2.18 while lowest mark touched by it was $2.5.
Taking a look at 20-day trading activity of Trio Petroleum Corp (TPET) gives us an average price of $1.55, while its current price level is -83.95% below from 52-week high level whereas it is 192.41% 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 $1.46 while that of 200 days or SMA-200 reads an average of $4.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.20% during that period while stretching the period over a month that increases to 33.35%. 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 60.53 which implies that the stock is in neutral territory.
Over the week, TPET’s stock price is moving 17.26% up while it is 181.54% when we observe its performance for the past one month. Year-to-date it is 90.91% up and over the past year, the stock is showing a downside performance of -60.25%.
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 3.20M 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 -106.34% and return on equity (ROE) at -102.38%. Stock’s beta reads -7.42. Stock has a price to book (P/B) ratio of 0.82 while price to sale or P/S ratio amounts to 41.47. Its return on asset (ROA) is -82.47% on average.
