Tullow Oil plc (LON:TLW – Get Free Report)’s stock price traded up 9.5% on Friday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 23.94 ($0.30). 57,860,301 shares changed hands during mid-day trading, an increase of 83% from the average session volume of 31,702,961 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Stock Performance
The firm’s 50 day moving average price is GBX 22.12 and its two-hundred day moving average price is GBX 25.64. The firm has a market cap of £355.07 million, a PE ratio of -450.33, a PEG 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.
Insider Buying and Selling
In related news, insider Roald Goethe acquired 100,000 shares of Tullow Oil stock in a transaction that occurred on Tuesday, December 24th. The shares were purchased at an average cost 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.
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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