Tullow Oil plc (LON:TLW – Get Free Report) shares were up 6.6% during trading on Tuesday . The stock traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). Approximately 5,220,506 shares were traded during mid-day 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 1.4 %
The firm’s 50-day moving average is GBX 22.18 and its 200 day moving average is GBX 25.66. The company has a debt-to-equity ratio of 457.18, a quick ratio of 0.63 and a current ratio of 0.70. The firm has a market capitalization of £317.42 million, a P/E ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08.
Insider Activity
In related news, insider Roald Goethe purchased 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The shares were acquired 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 insiders.
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.
Featured Articles
- Five stocks we like better than Tullow Oil
- Canada Bond Market Holiday: How to Invest and Trade
- 65 Million NFL Views Propel Netflix Toward Long-Term Growth
- What Do S&P 500 Stocks Tell Investors About the Market?
- Uber Stock Gears Up for a Massive Growth Ride
- Investing in Commodities: What Are They? How to Invest in Them
- Top 3 Stocks Seeing a Spike in Call Option Volume
Receive News & Ratings for Tullow Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullow Oil and related companies with MarketBeat.com's FREE daily email newsletter.