Stockholder valuations for TQM Corporation Public Company Limited went up during the trading day. Shareholders of SET: TQM, saw positive gains during the Wednesday November 20, 2019 trading session of 4.76%, finishing out the day at 55.0 THB per share. Shares rose 2.5 THB per share from the last close at 52.5 THB per share.
Tqm Corporation Public Company Limited share close up: November 20, 2019 trading
On the whole, Thailand’s equity index, measured by the Stock Exchange of Thailand, or SET, experienced losses during Wednesday’s session. The SET closed the day at 1,596.83, down 0.65% from the previous session close of 1,607.25.
Thai Insurance stocks, to which Tqm Corporation Public Company Limited belongs to, as a whole remained stable. Thailand’s index of Insurance stocks, SET: INSUR, closed Wednesday down 0.02%, compared to the 4.76% increase in Tqm Corporation Public Company Limited shares.
Trading volume for TQM Corporation Public Company Limited was higher than usual on Wednesday, with 3,320,500 shares traded. This exceeds the stock’s average volume of 1,015,312 by almost 2.3x.
During the past 52 weeks, shares of SET: TQM have traded between 21.00 and 56.00. Wednesday’s close at 55.00 places Tqm Corporation Public Company Limited near the high end of the range, off 1.0 THB per share from its 52-week highs. As a result, TQM Corporation Public Company Limited’s market cap is 16.5 billion THB, and shares trade at a P/E ratio of roughly 32.28.
