Tullow Oil plc (LON:TLW - Get Free Report)'s stock price shot up 10.3% during trading on Friday . The stock traded as high as GBX 25 ($0.31) and last traded at GBX 24.12 ($0.30). 67,669,945 shares changed hands during trading, an increase of 84% from the average session volume of 36,839,617 shares. The stock had previously closed at GBX 21.86 ($0.27).
Tullow Oil Stock Performance
The stock's 50 day moving average is GBX 22.11 and its two-hundred day moving average is GBX 25.62. The firm has a market capitalization of £345.29 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 debt-to-equity ratio of 457.18, a current ratio of 0.70 and a quick ratio of 0.63.
Insiders Place Their Bets
In related news, insider Roald Goethe bought 100,000 shares of the firm's stock in a transaction dated Tuesday, December 24th. The stock was bought at an average cost of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($24,844.72). Company 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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