Shares of Thai Oil Public Company Limited (OTCMKTS:TOIPY – Get Free Report) shot up 5.9% during mid-day trading on Monday . The company traded as high as $7.98 and last traded at $7.50. 3,100 shares traded hands during trading, an increase of 343% from the average session volume of 700 shares. The stock had previously closed at $7.08.
Thai Oil Public Stock Down 10.5 %
The firm has a 50 day moving average price of $7.79 and a 200-day moving average price of $11.04.
Thai Oil Public Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Monday, March 3rd will be paid 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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