Tullow Oil plc (LON:TLW - Get Free Report) rose 12.8% during mid-day trading on Friday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 24.66 ($0.31). Approximately 65,462,668 shares changed hands during trading, an increase of 83% from the average daily volume of 35,735,977 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Stock Performance
The company has a market cap of £345.29 million, a price-to-earnings ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The stock's fifty day simple moving average is GBX 22.11 and its 200 day simple moving average is GBX 25.62. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18.
Insider Activity at Tullow Oil
In other news, insider Roald Goethe bought 100,000 shares of Tullow Oil stock in a transaction on Tuesday, December 24th. The shares were bought 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.
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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