Thai Oil Public (OTCMKTS:TOIPY) Trading 13.6% Higher – Here’s What Happened

Thai Oil Public Company Limited (OTCMKTS:TOIPYGet Free Report) shares were up 13.6% during mid-day trading on Monday . The stock traded as high as $15.23 and last traded at $15.23. Approximately 126 shares traded hands during trading, a decline of 97% from the average daily volume of 3,789 shares. The stock had previously closed at $13.41.

Thai Oil Public Stock Up 13.6%

The firm’s 50 day moving average price is $15.58 and its two-hundred day moving average price is $13.73.

About Thai Oil Public

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Thai Oil Public Company Limited (OTCMKTS: TOIPY) is Thailand’s largest integrated oil refining and petrochemical company. Operating the Sriracha complex in Rayong Province, the firm processes crude oil into a broad slate of refined products, including gasoline, diesel, jet fuel, liquefied petroleum gas (LPG) and base oils. Its petrochemical operations produce key feedstocks—such as olefins and aromatics—that serve the plastics, packaging and consumer goods industries.

In addition to refining and petrochemicals, Thai Oil maintains power generation and utility services to support its operations.

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