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Tullow Oil (LON:TLW) Shares Down 4.2% - Should You Sell?

Tullow Oil logo with Energy background

Shares of Tullow Oil plc (LON:TLW - Get Free Report) dropped 4.2% during mid-day trading on Friday . The company traded as low as GBX 24 ($0.30) and last traded at GBX 24.90 ($0.31). Approximately 118,699,563 shares changed hands during trading, an increase of 2,304% from the average daily volume of 4,937,562 shares. The stock had previously closed at GBX 26 ($0.33).

Tullow Oil Trading Down 9.8 %

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 stock has a market cap of £342.22 million, a PE ratio of -450.33, a P/E/G ratio of -0.19 and a beta of 2.08. The firm has a 50-day simple moving average of GBX 23.37 and a 200-day simple moving average of GBX 27.26.

Tullow Oil Company Profile

(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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