Triangle Petroleum (TPLM) experienced unusually high volume on Dec. 23, as the stock gained 30.52% to a closing price of $0.83. The stock saw 1.19 million shares trade hands over the course of the day on 2,785 trades. Given that the stock’s average daily volume over the last month has been 775,553 shares a day, this represents a pretty substantial spike over the norm.
Triangle Petroleum has a P/B ratio of -0.59. The stock has traded between $6.49 and $0.50 over the last 52-weeks, its 50-day SMA is now $1.02, and its 200-day SMA $3.46.
Triangle Petroleum Corp is an independent energy holding company. It operates through three line of business oil and natural gas exploration, development and production; oilfield services; and midstream services.
Headquartered in Denver, CO, Triangle Petroleum has 562 employees and is currently under the leadership of CEO Jonathan Samuels / Curt Dacar.
For a complete fundamental analysis analysis of Triangle Petroleum, check out Equities.com’s Stock Valuation Analysis report for TPLM. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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