Key Points
- Director John Randall sold 20,000 shares on Feb. 2 at an average price of $0.64, for a total of $12,800.
- After the sale he directly owned 155,500 shares valued at about $99,520, representing an 11.40% decrease in his ownership.
- Trio Petroleum (TPET) opened at $0.49 and was trading down 2.6%, with a market cap of roughly $6.05 million and a 12‑month range of $0.46–$2.29 (50‑day/200‑day moving averages $0.79/$0.97).
Trio Petroleum Corp. (NYSEAMERICAN:TPET - Get Free Report) Director John Randall sold 20,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $0.64, for a total transaction of $12,800.00. Following the transaction, the director directly owned 155,500 shares of the company's stock, valued at $99,520. This represents a 11.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Trio Petroleum Trading Down 2.6%
NYSEAMERICAN:TPET opened at $0.49 on Wednesday. Trio Petroleum Corp. has a 12 month low of $0.46 and a 12 month high of $2.29. The firm's 50 day moving average is $0.79 and its 200 day moving average is $0.97. The stock has a market capitalization of $6.05 million, a PE ratio of -0.59 and a beta of -5.10.
Trio Petroleum Company Profile
(
Get Free Report)
Trio Petroleum Corp. operates as an oil and gas exploration and development company. The company's flagship project comprises the 85.75% owned working interest in the South Salinas project that consists of approximately 9,300-acre located in Monterey, California. It also owns 22% working interest in the McCool Ranch Oil Field located in Monterey County, California; 2% production interest in the Asphalt Ridge project comprises approximately 960 acres located in southwest of Vernal, Utah; and holds an option agreement to acquire 100% working interest in the Union Avenue Field located in Bakersfield, California.
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