Trio Petroleum Corp [AMEX: TPET] price surged by 60.63 percent to reach at $0.77.
Guru’s Opinion on Trio Petroleum Corp [TPET]:
The Average True Range (ATR) for Trio Petroleum Corp is set at 0.36, with the Price to Sales ratio for TPET stock in the period of the last 12 months amounting to 54.93. The Price to Book ratio for the last quarter was 0.64, with the Price to Cash per share for the same quarter was set at 0.08.
TPET Stock Performance Analysis:
Trio Petroleum Corp [TPET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 68.60. With this latest performance, TPET shares gained by 97.10% in over the last four-week period, additionally sinking by -66.34% over the last 6 months – not to mention a drop of -67.32% 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 67.59, with the RSI for the last a single of trading hit 76.99, and the three-weeks RSI is set at 59.64 for Trio Petroleum Corp [TPET]. The present Moving Average for the last 50 days of trading for this stock 1.59, while it was recorded at 1.34 for the last single week of trading, and 4.09 for the last 200 days.
Insight into Trio Petroleum Corp 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.
Trio Petroleum Corp [TPET] Institutonal Ownership Details
There are presently around $0.42%, or 0.47%% of TPET stock, in the hands of institutional investors.
