Tullow Oil plc (LON:TLW - Get Free Report)'s stock price was down 9.2% during trading on Thursday . The company traded as low as GBX 20.14 ($0.26) and last traded at GBX 20.71 ($0.26). Approximately 27,396,260 shares changed hands during mid-day trading, an increase of 558% from the average daily volume of 4,165,724 shares. The stock had previously closed at GBX 22.80 ($0.29).
Tullow Oil Stock Down 8.7 %
The company has a market cap of £303.91 million, a P/E ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. 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 business's 50 day moving average is GBX 23.48 and its 200 day moving average is GBX 28.33.
Insiders Place Their Bets
In other news, insider Roald Goethe purchased 159,396 shares of the business's stock in a transaction on Wednesday, September 11th. The shares were acquired at an average cost of GBX 23 ($0.29) per share, with a total value of £36,661.08 ($46,477.03). Corporate insiders own 24.59% of the company's stock.
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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