Tullow Oil plc (LON:TLW – Get Free Report)’s stock price traded up 12.8% during trading on Friday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 24.66 ($0.31). 65,462,668 shares traded hands during mid-day trading, an increase of 83% from the average session volume of 35,735,977 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Stock Performance
The business has a 50-day moving average of GBX 22.12 and a two-hundred day moving average of GBX 25.64. The company has a debt-to-equity ratio of 457.18, a current ratio of 0.70 and a quick ratio of 0.63. The company has a market cap of £359.74 million, a P/E ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08.
Insider Buying and Selling at Tullow Oil
In other news, insider Roald Goethe bought 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 24th. The shares were purchased 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 company 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.
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