Tullow Oil plc (LON:TLW – Get Free Report) shot up 6.6% 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 were traded 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 Stock Up 6.6 %
The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18. The firm’s fifty day moving average price is GBX 22.33 and its 200-day moving average price is GBX 25.82. The company has a market cap of £311.42 million, a price-to-earnings ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08.
Insider Buying and Selling at Tullow Oil
In related news, insider Roald Goethe acquired 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The shares were acquired at an average cost of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,094.10). 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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