Airports of Thailand Public (OTCMKTS:AIPUY) Trading 14.9% Higher – Still a Buy?

Airports of Thailand Public Company Limited (OTCMKTS:AIPUY) shares were up 14.9% during trading on Friday . The stock traded as high as $16.49 and last traded at $16.49. Approximately 1,832 shares changed hands during trading, a decline of 14% from the average daily volume of 2,128 shares. The stock had previously closed at $14.35.

Airports of Thailand Public Price Performance

The business has a 50-day simple moving average of $13.61 and a 200-day simple moving average of $11.99.

About Airports of Thailand Public

Airports of Thailand Public Company Limited (OTCMKTS:AIPUY) is a state enterprise under the Thai Ministry of Transport, established in December 2002 when the country’s airport operations were corporatized from the former Department of Airports. Headquartered in Bangkok, the company is charged with the development, management and operation of major international airports in Thailand, combining infrastructure investment with commercial and service activities to support both domestic and international air travel.

The company’s core business revolves around airport operations at seven facilities, including Suvarnabhumi and Don Mueang in Bangkok, Chiang Mai, Phuket, Hat Yai, Mae Fah Luang–Chiang Rai and U-Tapao Rayong–Pattaya.