TMD Energy Limited (NYSEAMERICAN:TMDE – Get Free Report)’s stock price traded down 1.6% during trading on Thursday. The stock traded as low as $0.5302 and last traded at $0.5688. 127,038 shares traded hands during mid-day trading, an increase of 139% from the average session volume of 53,063 shares. The stock had previously closed at $0.5778.
TMD Energy Stock Up 7.6%
The company’s fifty day simple moving average is $0.69 and its two-hundred day simple moving average is $0.85.
About TMD Energy
TMD Energy Limited is a Singapore-based energy company focused on supplying fuel and related services to the marine industry. Its operations center on the distribution and delivery of marine fuel products, including marine fuel oil and marine gas oil, to commercial vessels and maritime customers.
The company also provides supporting logistics services, which may include fuel transportation, storage and marine bunkering. Through these activities, TMD Energy serves customers involved in shipping and other marine transportation operations, primarily in the Singapore and broader Southeast Asian markets.
Publicly available information about the company’s history, leadership and full operating footprint is limited.
Read More
- Five stocks we like better than TMD Energy
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for TMD Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TMD Energy and related companies with MarketBeat.com's FREE daily email newsletter.
