Tullow Oil plc (LON:TLW – Get Free Report) traded up 12.8% during trading on Friday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 24.66 ($0.31). 65,462,668 shares changed hands during mid-day trading, an increase of 83% from the average session volume of 35,735,977 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Trading Up 8.2 %
The company has a debt-to-equity ratio of 457.18, a current ratio of 0.70 and a quick ratio of 0.63. The company has a market capitalization of £345.29 million, a price-to-earnings ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The business has a fifty day moving average price of GBX 22.11 and a 200 day moving average price of GBX 25.62.
Insider Activity at Tullow Oil
In other news, insider Roald Goethe acquired 100,000 shares of Tullow Oil stock in a transaction on 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 ($24,844.72). Corporate insiders own 24.59% of the company’s stock.
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.
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