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Tullow Oil (LON:TLW) Reaches New 12-Month Low - Here's What Happened

Tullow Oil logo with Energy background

Shares of Tullow Oil plc (LON:TLW - Get Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 19.42 ($0.24) and last traded at GBX 19.64 ($0.25), with a volume of 10376420 shares traded. The stock had previously closed at GBX 21 ($0.26).

Tullow Oil Trading Down 6.5 %

The company's fifty day moving average is GBX 22.91 and its two-hundred day moving average is GBX 26.65. 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 stock has a market cap of £286.74 million, a price-to-earnings ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08.

About Tullow Oil

(Get Free Report)

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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