[breadcrumb_custom]

Trio Petroleum Corp. (AMEX:TPET) -12.98% Down Over The Last Seven Days. Can The Stock Hit Well Above -$0.0461?

In last trading session, Trio Petroleum Corp. (AMEX:TPET) saw 0.47 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.31 trading at -$0.01 or -3.59% at ring of the bell on the day assigns it a market valuation of $9.15M. That closing price of TPET’s stock is at a discount of -867.74% from its 52-week high price of $3.00 and is indicating a premium of 16.13% from its 52-week low price of $0.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.86 million shares which gives us an average trading volume of 785.22K if we extend that period to 3-months.

Trio Petroleum Corp. (AMEX:TPET) trade information

Upright in the red during last session for losing -3.59%, in the last five days TPET remained trading in the red while hitting it’s week-highest on Tuesday, 11/14/23 when the stock touched $0.31 price level, adding 23.74% to its value on the day. Trio Petroleum Corp.’s shares saw a change of -86.39% in year-to-date performance and have moved -12.98% in past 5-day. Trio Petroleum Corp. (AMEX:TPET) showed a performance of 4.71% in past 30-days. Number of shares sold short was 0.59 million shares which calculate 0.4 days to cover the short interests.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.

Sponsored

TPET Dividends

Trio Petroleum Corp. is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Trio Petroleum Corp. (AMEX:TPET)’s Major holders

Insiders are in possession of 61.67% of company’s total shares while institution are holding 0.10 percent of that, with stock having share float percentage of 0.25%. Investors also watch the number of corporate investors in a company very closely, which is 0.10% institutions for Trio Petroleum Corp. that are currently holding shares of the company. Walleye Capital LLC is the top institutional holder at TPET for having 0.12 million shares of worth $0.2 million. And as of Jun 29, 2023, it was holding 0.48% of the company’s outstanding shares.

The second largest institutional holder is SkyView Investment Advisors, LLC, which was holding about 25000.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 0.10% of outstanding shares, having a total worth of $41750.0.

On Key

Related Posts