Trio Petroleum Corp. (NYSEMKT:TPET – Get Free Report)’s stock price dropped 0.9% during trading on Wednesday . The company traded as low as $1.12 and last traded at $1.13. Approximately 96,088 shares were traded during trading, a decline of 94% from the average daily volume of 1,717,439 shares. The stock had previously closed at $1.14.
Trio Petroleum Price Performance
The firm has a market capitalization of $9.54 million, a price-to-earnings ratio of -0.26 and a beta of -5.26. The stock has a 50 day moving average price of $1.11 and a two-hundred day moving average price of $1.20.
About Trio Petroleum
We are an oil and gas exploration and development company headquartered in Bakersfield, California, with operations in Monterey County, California. The Company was incorporated on July 19, 2021, under the laws of Delaware to acquire, fund and develop oil exploration and production assets in California.
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