With 46.26% Distance From Low, Is Trio Petroleum Corp (AMEX:TPET) Poised For More Gains?

In last trading session, Trio Petroleum Corp (AMEX:TPET) saw 107.15 million shares changing hands with its beta currently measuring -7.31. Company’s recent per share price level of $1.47 trading at $0.65 or 79.16% at ring of the bell on the day assigns it a market valuation of $5.54M. That closing price of TPET’s stock is at a discount of -878.91% from its 52-week high price of $14.39 and is indicating a premium of 46.26% from its 52-week low price of $0.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.17 million shares which gives us an average trading volume of 269.96K if we extend that period to 3-months.

Trio Petroleum Corp (AMEX:TPET) trade information

Upright in the green during last session for gaining 79.16%, in the last five days TPET remained trading in the green while hitting it’s week-highest on Thursday, 12/19/24 when the stock touched $1.47 price level, adding 63.7% to its value on the day. Trio Petroleum Corp’s shares saw a change of -76.28% in year-to-date performance and have moved 54.87% in past 5-day. Trio Petroleum Corp (AMEX:TPET) showed a performance of 10.53% in past 30-days. Number of shares sold short was 0.21 million shares which calculate 0.82 days to cover the short interests.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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

Insiders are in possession of 12.17% of company’s total shares while institution are holding 0.42 percent of that, with stock having share float percentage of 0.48%. Investors also watch the number of corporate investors in a company very closely, which is 0.42% institutions for Trio Petroleum Corp that are currently holding shares of the company.