Shares of Tullow Oil plc (LON:TLW – Get Free Report) rose 6.6% on Tuesday . The company traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). Approximately 5,220,506 shares were traded during trading, an increase of 10% from the average daily volume of 4,726,858 shares. The stock had previously closed at GBX 20 ($0.25).
Tullow Oil Trading Up 2.2 %
The company’s 50 day moving average price is GBX 22.18 and its two-hundred day moving average price is GBX 25.66. The firm has a market cap of £320.03 million, a PE 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 Activity at Tullow Oil
In other Tullow Oil news, insider Roald Goethe purchased 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The stock was purchased at an average cost of GBX 20 ($0.25) per share, with a total value of £20,000 ($25,025.03). 24.59% of the stock is currently owned by insiders.
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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