Tullow Oil plc (LON:TLW - Get Free Report) shares shot 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). 5,220,506 shares changed hands during trading, an increase of 10% from the average session volume of 4,726,858 shares. The stock had previously closed at GBX 20 ($0.25).
Tullow Oil Trading Up 6.6 %
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. 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 firm has a 50 day moving average price of GBX 22.26 and a 200 day moving average price of GBX 25.74.
Insider Activity at Tullow Oil
In other news, insider Roald Goethe purchased 100,000 shares of the company's stock in a transaction that occurred 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 ($25,028.16). 24.59% of the stock is currently owned by insiders.
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.
Further Reading
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