Tullow Oil plc (LON:TLW – Get Free Report)’s stock price shot up 10.3% during trading on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 24.12 ($0.30). 67,669,945 shares changed hands during mid-day trading, an increase of 84% from the average session volume of 36,839,617 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Stock Up 8.2 %
The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 457.18. The business’s fifty day moving average price is GBX 22.11 and its 200 day moving average price is GBX 25.62. The firm has a market capitalization of £345.29 million, a PE ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08.
Insider Buying and Selling at Tullow Oil
In related news, insider Roald Goethe bought 100,000 shares of the company’s stock in a transaction dated Tuesday, December 24th. The shares were acquired at an average price of GBX 20 ($0.25) per share, with a total value of £20,000 ($24,844.72). 24.59% of the stock is 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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