Trio Petroleum (NYSEMKT:TPET) Stock Price Down 13.1% – Here’s Why

Trio Petroleum Corp. (NYSEMKT:TPETGet Free Report)’s stock price traded down 13.1% on Friday . The company traded as low as $1.01 and last traded at $0.8950. 198,879 shares traded hands during 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 Stock Down 13.1%

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

About Trio Petroleum

(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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