August 3, 2017 - By Migdalia James
The Thai Fund, Inc. is a non-diversified, closed-end management investment company. The company has market cap of $104.51 million. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of companies organized under the laws of the Kingdom of Thailand. It currently has negative earnings. The Fund seeks long-term capital appreciation and integrates top-down sector allocation and bottom-up stock selection with a growth bias.
The stock of Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) is a huge mover today! About 1.80 million shares traded or 123.50% up from the average. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) has risen 104.41% since August 3, 2016 and is uptrending. It has outperformed by 87.71% the S&P500.The move comes after 6 months positive chart setup for the $518.69M company. It was reported on Aug, 3 by Barchart.com. We have $3.08 PT which if reached, will make NASDAQ:BLDP worth $20.75 million more.
About 6,206 shares traded. Thai Fund Inc. (TTF) has risen 24.84% since August 3, 2016 and is uptrending. It has outperformed by 8.14% the S&P500.
City Of London Investment Management Co Ltd holds 2.32% of its portfolio in Thai Fund Inc. for 3.80 million shares. Gramercy Funds Management Llc owns 568,590 shares or 2.22% of their US portfolio. Moreover, 1607 Capital Partners Llc has 0.39% invested in the company for 767,157 shares. The Texas-based Doliver Capital Advisors Inc. has invested 0.15% in the stock. Amica Mutual Insurance Co, a Rhode Island-based fund reported 134,831 shares.
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