Now Is A Good Time To Buy Trio Petroleum Corp (AMEX: TPET)

During the last session, Trio Petroleum Corp (AMEX:TPET)’s traded shares were 0.86 million, with the beta value of the company hitting -8.38. At the end of the trading day, the stock’s price was $1.34, reflecting an intraday gain of 14.53% or $0.17. The 52-week high for the TPET share is $14.39, that puts it down -973.88 from that peak though still a striking 16.42% gain since the share price plummeted to a 52-week low of $1.12. The company’s market capitalization is $3.39M, and the average intraday trading volume over the past 10 days was 0.2 million shares, and the average trade volume was 190.56K shares over the past three months.

Trio Petroleum Corp (AMEX:TPET) trade information

Trio Petroleum Corp (TPET) registered a 14.53% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 14.53% in intraday trading to $1.34, hitting a weekly high. The stock’s 5-day price performance is -15.25%, and it has moved by -56.21% in 30 days. Based on these gigs, the overall price performance for the year is -81.33%. The short interest in Trio Petroleum Corp (AMEX:TPET) is 84529.0 shares and it means that shorts have 0.29 day(s) to cover.

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TPET Dividends

Trio Petroleum Corp is due to release its next quarterly earnings in December. 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 7.67% of total outstanding shares while institutional holders control 0.42%, with the float percentage being 0.46%.

Also, the Mutual Funds coming in first place with the largest holdings of Trio Petroleum Corp (TPET) shares are Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund . Data provided on Sep 30, 2024 indicates that Fidelity Extended Market Index Fund owns about 10.85 shares. This amounts to just over 0.02 percent of the company’s overall shares, with a $14543.0 market value. The same data shows that the other fund manager holds slightly less at 2.52, or about 0.00% of the stock, which is worth about $3374.0.