Thai Oil Public Company Limited (OTCMKTS:TOIPF – Get Rating) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 752,200 shares, an increase of 109.5% from the October 15th total of 359,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 7,522.0 days.
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. raised shares of Thai Oil Public from a “neutral” rating to an “overweight” rating in a report on Thursday, August 4th.
Thai Oil Public Price Performance
Shares of Thai Oil Public stock opened at $1.50 on Friday. Thai Oil Public has a 12-month low of $1.60 and a 12-month high of $1.60. The company’s 50-day moving average price is $1.60 and its 200-day moving average price is $1.60.
About Thai Oil Public
Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distribution, petrochemicals, lube base oil, and other businesses in Thailand and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Petrochemical, Power Generation, Marine Transportation Services, Solvent, Ethanol, and Others segments.
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