Trio Petroleum Corp. (AMEX: TPET) Fall -27.48% In Six Months, Here’s What We Should Expect Now

During the last session, Trio Petroleum Corp. (AMEX:TPET)’s traded shares were 4.74 million, with the beta value of the company hitting -8.56. At the end of the trading day, the stock’s price was $0.17, reflecting an intraday gain of 9.33% or $0.02. The 52-week high for the TPET share is $0.74, that puts it down -335.29 from that peak though still a striking 52.94% gain since the share price plummeted to a 52-week low of $0.08. The company’s market capitalization is $8.44M, and the average intraday trading volume over the past 10 days was 9.87 million shares, and the average trade volume was 3.26 million shares over the past three months.

Trio Petroleum Corp. (AMEX:TPET) trade information

Trio Petroleum Corp. (TPET) registered a 9.33% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 9.33% in intraday trading to $0.17, hitting a weekly high. The stock’s 5-day price performance is -7.15%, and it has moved by -15.61% in 30 days. Based on these gigs, the overall price performance for the year is -68.67%. The short interest in Trio Petroleum Corp. (AMEX:TPET) is 0.6 million shares and it means that shorts have 0.63 day(s) to cover.

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TPET Dividends

Trio Petroleum Corp. is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Trio Petroleum Corp. insiders own 15.39% of total outstanding shares while institutional holders control 1.59%, with the float percentage being 1.87%.