Tullow Oil (LON:TLW) Stock Price Up 6.6% - What's Next?

Shares of Tullow Oil plc (LON:TLW - Get Free Report) were 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). Approximately 5,220,506 shares traded hands during trading, an increase of 10% from the average daily volume of 4,726,858 shares. The stock had previously closed at GBX 20 ($0.25).

Tullow Oil Stock Up 6.6 %

The company has a debt-to-equity ratio of 457.18, a quick ratio of 0.63 and a current ratio of 0.70. The stock's 50-day moving average price is GBX 22.26 and its two-hundred day moving average price is GBX 25.74. The stock has a market capitalization of £311.42 million, a PE ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08.

Insider Buying and Selling

In other Tullow Oil news, insider Roald Goethe acquired 100,000 shares of the stock in a transaction that occurred on Tuesday, December 24th. The shares were acquired at an average cost of GBX 20 ($0.25) per share, with a total value of £20,000 ($25,028.16). 24.59% of the stock is currently owned by insiders.

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.