With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.2 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $0.1887 whereas the lowest price it dropped to was $0.1737. The 52-week range on TPET shows that it touched its highest point at $0.74 and its lowest point at $0.08 during that stretch. Beta for the stock currently stands at -8.70.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPET was down-trending over the past week, with a drop of -8.29%, but this was down by -26.86% over a month. Three-month performance dropped to -32.83% while six-month performance rose 87.90%. The stock lost -68.34% in the past year, while it has lost -42.88% so far this year.
Float and Shares Shorts:
At present, 50.33 million TPET shares are outstanding with a float of 37.78 million shares on hand for trading. On 2024-08-30, short shares totaled 0.48 million, which was 95.0 higher than short shares on 1722384000. In addition to Mr. Gregory L. Overholtzer as the firm’s Chief Financial Officer, Mr. Robin Ross serves as its Chairman & CEO.
Institutional Ownership:
Through their ownership of 0.01594 of TPET’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-31, TPET reported revenue of $63052.0 and operating income of $-1505980.0. The EBITDA in the recently reported quarter was $-1510190.0 and diluted EPS was $-0.04.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPET since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
