Tullow Oil plc (LON:TLW - Get Free Report)'s share price rose 11.8% during trading on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 24.45 ($0.30). Approximately 67,166,836 shares were traded during mid-day trading, an increase of 84% from the average daily volume of 36,588,063 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Trading Up 8.2 %
The stock has a market cap of £345.29 million, a P/E ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The firm's 50 day simple moving average is GBX 22.11 and its two-hundred day simple moving average is GBX 25.62. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 457.18.
Insider Activity at Tullow Oil
In related news, insider Roald Goethe bought 100,000 shares of the company's stock in a transaction on Tuesday, December 24th. The shares were purchased at an average cost of GBX 20 ($0.25) per share, with a total value of £20,000 ($24,844.72). 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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