Tullow Oil plc (LON:TLW – Get Free Report) shot up 10.3% during trading on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 24.12 ($0.30). 67,669,945 shares were traded during mid-day trading, an increase of 84% from the average session volume of 36,839,617 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Trading Up 10.3 %
The company has a market cap of £352.15 million, a PE ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18. The company has a fifty day simple moving average of GBX 22.12 and a two-hundred day simple moving average of GBX 25.64.
Insider Activity
In related news, insider Roald Goethe acquired 100,000 shares of the firm’s 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 ($24,755.54). Company 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.
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