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 changed hands during mid-day 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 Stock Performance
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 50 day simple moving average of GBX 22.11 and a 200-day simple moving average of GBX 25.62. The stock has a market capitalization of £345.29 million, a P/E ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08.
Insider Buying and Selling
In other Tullow Oil news, insider Roald Goethe bought 100,000 shares of the business’s stock in a transaction on Tuesday, December 24th. The stock was purchased at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($24,844.72). 24.59% of the stock is currently owned by 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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