Shares of Tullow Oil plc (LON:TLW – Get Free Report) rose 6.6% 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 traded 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 Trading Up 1.5 %
The company’s fifty day moving average is GBX 22.18 and its two-hundred day moving average is GBX 25.66. 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 £317.86 million, a price-to-earnings ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08.
Insider Buying and Selling at Tullow Oil
In other Tullow Oil news, insider Roald Goethe acquired 100,000 shares of the stock in a transaction dated Tuesday, December 24th. The stock was acquired at an average cost of GBX 20 ($0.25) per share, with a total value of £20,000 ($25,025.03). Insiders own 24.59% of the company’s stock.
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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