Tullow Oil plc (LON:TLW – Get Free Report)’s stock price shot up 6.6% during trading on Tuesday . The company traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). 5,220,506 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 4,726,858 shares. The stock had previously closed at GBX 20 ($0.25).
Tullow Oil Price Performance
The business’s fifty day moving average is GBX 22.18 and its 200 day moving average is GBX 25.66. The company has a market cap of £317.86 million, a P/E ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18.
Insider Buying and Selling at Tullow Oil
In other news, insider Roald Goethe purchased 100,000 shares of the business’s stock in a transaction dated Tuesday, December 24th. The stock was bought at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,025.03). Corporate 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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