Thai Oil Public (OTCMKTS:TOIPY) Stock Price Down 6.1% – What’s Next?

Thai Oil Public Company Limited (OTCMKTS:TOIPY)’s stock price fell 6.1% during mid-day trading on Thursday . The company traded as low as $15.20 and last traded at $15.20. 5,651 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 3,764 shares. The stock had previously closed at $16.18.

Thai Oil Public Trading Down 6.1%

The company has a fifty day moving average of $15.06 and a two-hundred day moving average of $12.13.

Thai Oil Public Company Profile

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.