Market cap of Trio Petroleum Corp [TPET] reaches 6.44M – now what?

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Trio Petroleum Corp [AMEX: TPET] slipped around 0.0 points on Thursday, while shares priced at $0.13 at the close of the session, down -0.85%.

Compared to the average trading volume of 3.57M shares, TPET reached a trading volume of 9896786 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Trio Petroleum Corp [TPET]?

The Average True Range (ATR) for Trio Petroleum Corp is set at 0.01, with the Price to Sales ratio for TPET stock in the period of the last 12 months amounting to 45.98. The Price to Book ratio for the last quarter was 0.80, with the Price to Cash per share for the same quarter was set at 0.01.

How has TPET stock performed recently?

Trio Petroleum Corp [TPET] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.91. With this latest performance, TPET shares dropped by -31.97% in over the last four-week period, additionally sinking by -64.13% over the last 6 months – not to mention a drop of -76.22% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TPET stock in for the last two-week period is set at 30.08, with the RSI for the last a single of trading hit 24.83, and the three-weeks RSI is set at 33.72 for Trio Petroleum Corp [TPET]. The present Moving Average for the last 50 days of trading for this stock 0.1787, while it was recorded at 0.1339 for the last single week of trading, and 0.2214 for the last 200 days.

Trio Petroleum Corp [TPET]: Deeper insight into the fundamentals

Trio Petroleum Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 0.17.

Insider trade positions for Trio Petroleum Corp [TPET]

There are presently around $1.59%, or 1.87%% of TPET stock, in the hands of institutional investors.