Trio Petroleum (NYSEMKT:TPET) Stock Price Down 13.1% – What’s Next?

Trio Petroleum Corp. (NYSEMKT:TPETGet Free Report)’s stock price fell 13.1% on Friday . The company traded as low as $1.01 and last traded at $0.8950. 198,879 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,717,439 shares. The stock had previously closed at $1.03.

Trio Petroleum Trading Down 13.1%

The company’s 50 day moving average is $0.99 and its 200-day moving average is $1.12. The company has a market capitalization of $7.55 million, a P/E ratio of -1.42 and a beta of -5.15.

Trio Petroleum Company Profile

(Get Free Report)

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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