Tullow Oil plc (LON:TLW – Get Free Report) shot up 9.5% during mid-day trading 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 stock has a market capitalization of £345.29 million, a P/E ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The company’s fifty day simple moving average is GBX 22.11 and its 200 day simple moving average is 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.
Insider Activity
In other news, insider Roald Goethe purchased 100,000 shares of the stock in a transaction on Tuesday, December 24th. The shares were acquired at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($24,844.72). Corporate insiders own 24.59% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Tullow Oil
- Manufacturing Stocks Investing
- Quantum Opportunity: Skywater Technology’s Long-Term Potential
- There Are Different Types of Stock To Invest In
- Nebius Group: The Rising Star in AI Infrastructure
- What Are Treasury Bonds?
- MarketBeat Week in Review – 12/30 – 1/03
Receive News & Ratings for Tullow Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullow Oil and related companies with MarketBeat.com's FREE daily email newsletter.
