Tullow Oil plc (LON:TLW - Get Free Report) shares were up 12.8% on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 24.66 ($0.31). Approximately 65,462,668 shares were traded during mid-day 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 Up 8.2 %
The firm's 50 day simple moving average is GBX 22.11 and its 200-day simple moving average is GBX 25.62. 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 company has a debt-to-equity ratio of 457.18, a current ratio of 0.70 and a quick ratio of 0.63.
Insider Activity at Tullow Oil
In other Tullow Oil news, insider Roald Goethe bought 100,000 shares of the business's stock in a transaction dated Tuesday, December 24th. The shares were acquired 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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