Thai Oil Public Company Limited (OTCMKTS:TOIPF – Get Free Report) shares rose 33.8% on Wednesday . The company traded as high as $1.74 and last traded at $1.74. Approximately 300 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 3,733 shares. The stock had previously closed at $1.30.
Thai Oil Public Trading Up 33.8%
The firm has a fifty day moving average of $0.93 and a 200-day moving average of $0.92.
About Thai Oil Public
Thai Oil Public Company Limited is one of Thailand’s leading oil refiners and petrochemical producers. Established in the early 1960s and headquartered in Samut Prakan Province, the company operates a complex that processes a variety of crude oil grades into refined petroleum products. Listed on the Stock Exchange of Thailand and trading in the United States over the counter under the symbol TOIPF, Thai Oil is a core subsidiary of PTT Public Company Limited.
The company’s refining operations encompass the production of transportation fuels such as gasoline, diesel, jet fuel, and liquefied petroleum gas.
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