Tullow Oil (LON:TLW) Stock Price Up 6.6% – Should You Buy?

Tullow Oil plc (LON:TLWGet Free Report) shares rose 6.6% on Tuesday . The stock traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). Approximately 5,220,506 shares changed hands 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 1.4 %

The firm has a market capitalization of £317.42 million, a P/E ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The company has a debt-to-equity ratio of 457.18, a quick ratio of 0.63 and a current ratio of 0.70. The firm has a 50 day moving average price of GBX 22.18 and a two-hundred day moving average price of GBX 25.66.

Insider Activity

In other Tullow Oil news, insider Roald Goethe purchased 100,000 shares of the stock in a transaction dated Tuesday, December 24th. The shares were bought at an average cost of GBX 20 ($0.25) per share, with a total value of £20,000 ($25,025.03). Corporate insiders own 24.59% of the company’s stock.

About Tullow Oil

(Get Free Report)

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 Articles

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.