Tullow Oil plc (LON:TLW – Get Free Report)’s share price traded up 6.6% during mid-day trading on Tuesday . The stock traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). 5,220,506 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 4,726,858 shares. The stock had previously closed at GBX 20 ($0.25).
Tullow Oil Price Performance
The stock’s 50-day moving average is GBX 22.18 and its 200 day moving average is GBX 25.66. The company has a debt-to-equity ratio of 457.18, a quick ratio of 0.63 and a current ratio of 0.70. The stock has a market capitalization of £317.40 million, a PE ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08.
Insiders Place Their Bets
In other news, insider Roald Goethe acquired 100,000 shares of Tullow Oil stock in a transaction on Tuesday, December 24th. The stock was bought at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,025.03). 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.
See Also
- Five stocks we like better than Tullow Oil
- The How And Why of Investing in Oil Stocks
- Work and Play: Investing in the Rise of Bleisure Travel
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Top Dividend Stocks to Buy Now as Bond Yields Could Lower
- What Are the FAANG Stocks and Are They Good Investments?
- SAP: AI Tailwinds Accelerating Enterprise Cloud Business
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.
