Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Trio Petroleum Corp shares valued at $2,162 were sold by PERNICE THOMAS J on Jan 15 ’25. At $1.73 per share, PERNICE THOMAS J sold 1,250 shares. The insider’s holdings dropped to 17,750 shares worth approximately $22187.5 following the completion of this transaction.
Also, PERNICE THOMAS J sold 2,750 shares, netting a total of over 2,981 in proceeds. Following the sale of shares at $1.08 each, the insider now holds 19,000 shares.
Before that, PERNICE THOMAS J had sold 25,000 shares from its account. In a trade valued at $3,838, the Director traded Trio Petroleum Corp shares for $0.15 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $0.24 million.
Analyzing TPET Stock Performance
On last trading session,, Trio Petroleum Corp [AMEX: TPET] plunged -4.58% to $1.25. The stock’s lowest price that day was $1.2, but it reached a high of $1.44 in the same session. During the last five days, there has been a surge of approximately 14.68%. Over the course of the year, Trio Petroleum Corp shares have jumped approximately 3.31%.
Support And Resistance Levels for Trio Petroleum Corp (TPET)
RSI (Relative Strength Index) is 55.28 on the 14-day chart, showing neutral technical sentiment.
Is Trio Petroleum Corp subject to short interest?
Stocks of Trio Petroleum Corp saw a sharp rise in short interest on 2025-05-30 jumping by 0.15 million shares to 0.62 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.47 million shares. A jump of 24.68% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.81 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.81.
