Tullow Oil plc (LON:TLW - Get Free Report)'s stock price fell 6% on Thursday . The company traded as low as GBX 21.50 ($0.27) and last traded at GBX 22.52 ($0.29). 8,339,465 shares changed hands during mid-day trading, an increase of 96% from the average session volume of 4,244,330 shares. The stock had previously closed at GBX 23.96 ($0.30).
Tullow Oil Price Performance
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 stock has a market capitalization of £318.28 million, a PE ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The stock's fifty day moving average is GBX 23.28 and its 200-day moving average is GBX 27.76.
Insiders Place Their Bets
In other news, insider Roald Goethe purchased 159,396 shares of the company's stock in a transaction that occurred on Wednesday, September 11th. The shares were purchased at an average price of GBX 23 ($0.29) per share, for a total transaction of £36,661.08 ($46,583.33). 24.59% of the stock is owned by insiders.
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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