Thai Oil Public Company Limited (OTCMKTS:TOIPF – Get Free Report) traded down 21.8% during trading on Tuesday . The stock traded as low as $1.3455 and last traded at $1.36. 4,500 shares were traded during mid-day trading, an increase of 2,150% from the average session volume of 200 shares. The stock had previously closed at $1.74.
Thai Oil Public Stock Down 21.8%
The firm’s 50 day moving average is $2.18 and its 200 day moving average is $1.34.
Thai Oil Public Company Profile
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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