Shares of Thai Oil Public Company Limited (OTCMKTS:TOIPY – Get Free Report) rose 5.9% during mid-day trading on Monday . The stock traded as high as $7.98 and last traded at $7.50. Approximately 3,100 shares traded hands during mid-day trading, an increase of 343% from the average daily volume of 700 shares. The stock had previously closed at $7.08.
Thai Oil Public Trading Up 5.9 %
The stock’s 50-day simple moving average is $7.82 and its 200 day simple moving average is $11.10.
Thai Oil Public Cuts Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, May 13th. Investors of record on Monday, March 3rd will be given a dividend of $0.2073 per share. The ex-dividend date is Monday, March 3rd. Thai Oil Public’s payout ratio is 96.52%.
About Thai Oil Public
Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining, petrochemicals, lube base oil, and other businesses in Thailand and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Aromatics and LAB, Power Generation, Solvent, Ethanol, Olefins, and Others segments.
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