Roald Goethe Purchases 159,396 Shares of Tullow Oil plc (LON:TLW) Stock

Tullow Oil plc (LON:TLW) insider Roald Goethe bought 159,396 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were bought at an average cost of GBX 23 ($0.30) per share, for a total transaction of £36,661.08 ($47,941.78).

Roald Goethe also recently made the following trade(s):

• On Thursday, August 15th, Roald Goethe acquired 300,000 shares of Tullow Oil stock. The shares were bought at an average price of GBX 27 ($0.35) per share, for a total transaction of £81,000 ($105,923.89).

Tullow Oil Price Performance

Shares of TLW opened at GBX 22.92 ($0.30) on Friday. The business’s fifty day moving average is GBX 28.13 and its 200 day moving average is GBX 31.67. Tullow Oil plc has a 12-month low of GBX 22.12 ($0.29) and a 12-month high of GBX 40.32 ($0.53). The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 457.18. The stock has a market cap of £334.63 million, a P/E ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08.

Analysts Set New Price Targets

Separately, Jefferies Financial Group decreased their target price on Tullow Oil from GBX 30 ($0.39) to GBX 25 ($0.33) and set an “underperform” rating for the company in a research report on Friday, July 5th.

About Tullow Oil

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa, Europe, and South America. The company was founded in 1985 and is headquartered in London, the United Kingdom.