Shares of Tullow Oil plc (LON:TLW – Get Free Report) shot up 6.6% during trading on Tuesday . The company traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). 5,220,506 shares traded 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 has a market capitalization of £317.86 million, a PE ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The business’s 50-day moving average price is GBX 22.18 and its 200 day moving average price 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.
Insiders Place Their Bets
In other news, insider Roald Goethe purchased 100,000 shares of the company’s stock in a transaction on Tuesday, December 24th. The stock was purchased at an average price of GBX 20 ($0.25) per share, with a total value of £20,000 ($25,025.03). Corporate 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.
See Also
- Five stocks we like better than Tullow Oil
- Stock Sentiment Analysis: How it Works
- Work and Play: Investing in the Rise of Bleisure Travel
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Top Dividend Stocks to Buy Now as Bond Yields Could Lower
- Why Invest in 5G? How to Invest in 5G Stocks
- 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.
