Tullow Oil plc (LON:TLW – Get Free Report)’s share price dropped 4.2% on Friday . The stock traded as low as GBX 24 ($0.30) and last traded at GBX 24.90 ($0.31). Approximately 118,699,563 shares changed hands during trading, an increase of 2,304% from the average daily volume of 4,937,562 shares. The stock had previously closed at GBX 26 ($0.33).
Tullow Oil Stock Down 9.8 %
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 firm has a 50 day moving average price of GBX 23.36 and a two-hundred day moving average price of GBX 27.17. The company has a market capitalization of £342.22 million, a price-to-earnings ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08.
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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