Tullow Oil plc (LON:TLW – Get Free Report) rose 6.6% during mid-day trading on Tuesday . The company traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). Approximately 5,220,506 shares changed hands during trading, an increase of 10% from the average daily volume of 4,726,858 shares. The stock had previously closed at GBX 20 ($0.25).
Tullow Oil Stock Up 1.5 %
The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18. The stock has a market capitalization of £317.87 million, a P/E ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The firm’s fifty day moving average is GBX 22.18 and its 200-day moving average is GBX 25.66.
Insider Transactions at Tullow Oil
In related news, insider Roald Goethe acquired 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The stock was purchased at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,025.03). 24.59% of the stock is owned by company insiders.
Tullow Oil Company Profile
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.
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