Tullow Oil plc (LON:TLW - Get Free Report)'s share price traded up 6.6% during 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 were traded 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 Stock Up 6.6 %
The business's fifty day simple moving average is GBX 22.26 and its two-hundred day simple moving average is GBX 25.74. 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 market cap of £311.42 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 company's stock in a transaction that occurred on Tuesday, December 24th. The stock was purchased at an average cost of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,028.16). 24.59% of the stock is currently owned by company insiders.
About Tullow Oil
(
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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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