Thai Oil Public (OTCMKTS:TOIPF) Trading Down 30.9% – Time to Sell?

Thai Oil Public Company Limited (OTCMKTS:TOIPFGet Free Report) was down 30.9% on Wednesday . The company traded as low as $1.00 and last traded at $1.00. Approximately 6,500 shares changed hands during mid-day trading, an increase of 6,400% from the average daily volume of 100 shares. The stock had previously closed at $1.44.

Thai Oil Public Stock Performance

The stock has a fifty day simple moving average of $1.01 and a 200-day simple moving average of $1.22.

About Thai Oil Public

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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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