Motor Oil (Hellas) Corinth Refineries (OTCMKTS:MOHCY) Trading 13.7% Higher – Here’s Why

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCYGet Free Report) shot up 13.7% on Tuesday . The stock traded as high as $38.07 and last traded at $38.07. 300 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 580 shares. The stock had previously closed at $33.47.

Motor Oil (Hellas) Corinth Refineries Stock Up 13.7%

The business’s 50 day simple moving average is $26.92 and its 200-day simple moving average is $21.75.

About Motor Oil (Hellas) Corinth Refineries

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Motor Oil (Hellas) Corinth Refineries SA is a Greek refining and petroleum group established in 1970. The company operates one of the largest refining complexes in southeastern Europe, located in Agioi Theodoroi near Corinth. Over the years, it has expanded through investments in modern refining technologies and integrated operations to enhance efficiency and product quality. Controlled by the Vardinogiannis family, Motor Oil Hellas has grown into a key player in the regional energy sector.

The company’s core business covers crude oil refining and the production of a wide range of petroleum products, including gasoline, diesel, jet fuel, fuel oil and petrochemical feedstocks.

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