There’s Still Time to Buy Trio Petroleum Corp (AMEX:TPET) Stock

The price of Trio Petroleum Corp (AMEX:TPET) shares last traded on Wall Street fell -7.81% to $1.18.

TPET stock price is now -9.37% away from the 50-day moving average and -48.30% away from the 200-day moving average. The market capitalization of the company currently stands at $8.85M.

In other news, PERNICE THOMAS J, Director sold 1,250 shares of the company’s stock on Jan 15 ’25. The stock was sold for $2,162 at an average price of $1.73. Upon completion of the transaction, the Director now directly owns 17,750 shares in the company, valued at $20945.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 09 ’24, Director PERNICE THOMAS J sold 2,750 shares of the business’s stock. A total of $2,981 was realized by selling the stock at an average price of $1.08. This leaves the insider owning 19,000 shares of the company worth $22420.0. A total of 4.56% of the company’s stock is owned by insiders.

During the past 12 months, Trio Petroleum Corp has had a low of $0.79 and a high of $10.40. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 1.37, and a quick ratio of 1.37. The fifty day moving average price for TPET is $1.302 and a two-hundred day moving average price translates $2.170395 for the stock.

The latest earnings results from Trio Petroleum Corp (AMEX: TPET) was released for 2025-01-31. The net profit margin was -4258.61% and return on equity was -91.94% for TPET.

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