Tullow Oil plc (LON:TLW – Get Free Report)’s stock price shot up 9.1% during trading on Friday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 23.85 ($0.30). 57,396,633 shares changed hands during trading, an increase of 81% from the average session volume of 31,702,961 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Price Performance
The company has a market capitalization of £355.07 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 company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 457.18. The company has a 50 day simple moving average of GBX 22.12 and a 200 day simple moving average of GBX 25.64.
Insider Activity at Tullow Oil
In related news, insider Roald Goethe acquired 100,000 shares of Tullow Oil stock in a transaction on Tuesday, December 24th. The shares were bought at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($24,755.54). 24.59% of the stock is currently 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 Stories
- Five stocks we like better than Tullow Oil
- What Does Downgrade Mean in Investing?
- 3 Legacy Tech Companies Reemerging as AI Leaders
- What is Put Option Volume?
- Analysts’ Favorite Cybersecurity Stocks: 3 Top Picks
- How to Invest in the Best Canadian Stocks
- Analysts Are Bullish: 3 Tech Giants With Upgraded Price Targets
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.
