Koç Holding A.S. (OTCMKTS:KHOLY) Shares Up 0.5% – Here’s Why

Koç Holding A.S. (OTCMKTS:KHOLY) rose 0.5% during trading on Wednesday . The stock traded as high as $23.56 and last traded at $23.56. Approximately 758 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 1,345 shares. The stock had previously closed at $23.45.

Koç Holding A.S. Stock Performance

The firm’s 50 day moving average price is $21.25 and its two-hundred day moving average price is $20.80.

Koç Holding A.S. Company Profile

Koç Holding A.Ş. is Turkey’s largest industrial and services conglomerate, founded in 1926 by Vehbi Koç and headquartered in Istanbul. Over nearly a century of operations, the group has expanded from its origins in trade and contracting to become a highly diversified holding company with interests in energy, automotive, consumer durables, finance, tourism and digital technologies. Koç Holding maintains significant stakes in more than 20 publicly traded and privately held companies, many of which are leaders in their respective sectors.

In the energy sector, Koç Holding’s affiliates include Tüpraş, Turkey’s leading oil refiner, and Aygaz, a major provider of liquefied petroleum gas.