In Wednesday’s Wall Street session, Trio Petroleum Corp (AMEX:TPET) shares traded at $1.41, down -6.62% from the previous session.
TPET stock price is now 14.12% away from the 50-day moving average and -27.37% away from the 200-day moving average. The market capitalization of the company currently stands at $10.61M.
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 $25027.5. 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 $26790.0. 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 $6.50. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 0.77, and a quick ratio of 0.77. The fifty day moving average price for TPET is $1.2355 and a two-hundred day moving average price translates $1.844795 for the stock.
The latest earnings results from Trio Petroleum Corp (AMEX: TPET) was released for 2025-04-30. The net profit margin was -4047.74% and return on equity was -66.55% for TPET. The company reported revenue of $23000.0 for the quarter, compared to $73000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -68.49 percent.
