Shares of Tullow Oil plc (LON:TLW – Get Free Report) shot up 6.6% during mid-day trading on Tuesday . The stock traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). 5,220,506 shares traded hands during 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 50 day moving average is GBX 22.18 and its two-hundred day moving average is GBX 25.66. The firm has a market cap of £317.42 million, a P/E ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 457.18.
Insider Buying and Selling at Tullow Oil
In other Tullow Oil news, insider Roald Goethe acquired 100,000 shares of Tullow Oil stock in a transaction dated Tuesday, December 24th. The stock was purchased at an average cost of GBX 20 ($0.25) per share, for a total transaction 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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