Tullow Oil plc (LON:TLW - Get Free Report) shares rose 11.2% on Friday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 24.31 ($0.30). Approximately 63,863,223 shares traded hands during trading, an increase of 83% from the average daily volume of 34,936,258 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Stock Up 8.2 %
The company has a debt-to-equity ratio of 457.18, a current ratio of 0.70 and a quick ratio of 0.63. The company has a 50 day moving average price of GBX 22.11 and a 200-day moving average price of GBX 25.62. The stock has a market capitalization of £345.29 million, a PE ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08.
Insiders Place Their Bets
In other news, insider Roald Goethe purchased 100,000 shares of the business's stock in a transaction dated Tuesday, December 24th. The shares were purchased at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($24,844.72). Corporate insiders own 24.59% of the company's stock.
Tullow Oil Company Profile
(
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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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