PTT Public Company Limited (OTCMKTS:PCHUY – Get Free Report) dropped 9.4% during mid-day trading on Thursday. The company traded as low as $6.0383 and last traded at $6.57. Approximately 1,286 shares changed hands during mid-day trading, an increase of 74% from the average daily volume of 737 shares. The stock had previously closed at $7.25.
PTT Public Stock Down 9.4%
The firm’s 50 day moving average is $6.92 and its 200-day moving average is $5.24.
PTT Public Company Profile
PTT Public Company Limited is a Thailand-based integrated energy and petrochemical company headquartered in Bangkok. Established in 1978 as the Petroleum Authority of Thailand, it was converted into a public company in 2001. The Thai government remains a major shareholder, and PTT plays a central role in the country’s energy supply chain.
The company’s operations span natural gas, oil, petroleum products, petrochemicals and chemicals, power generation, and renewable energy. Through its subsidiaries and affiliates, PTT is involved in exploration and production, natural gas processing and transmission, refining, fuel marketing, international oil trading, and the manufacture of petrochemical products.
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