Tullow Oil plc (LON:TLW – Get Free Report)’s stock price was up 12.8% during mid-day trading on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 24.66 ($0.31). Approximately 65,462,668 shares were traded during trading, an increase of 83% from the average daily volume of 35,735,977 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Price Performance
The business has a fifty day moving average of GBX 22.11 and a 200-day moving average of GBX 25.62. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18. The firm has a market cap of £345.29 million, a PE ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08.
Insider Activity
In other news, insider Roald Goethe purchased 100,000 shares of the firm’s stock in a transaction dated Tuesday, December 24th. The shares were purchased at an average price of GBX 20 ($0.25) per share, with a total value of £20,000 ($24,844.72). Company insiders own 24.59% of the company’s stock.
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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