Shares of Tullow Oil plc (LON:TLW - Get Free Report) rose 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). Approximately 5,220,506 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 4,726,858 shares. The stock had previously closed at GBX 20 ($0.25).
Tullow Oil Trading Up 6.6 %
The business has a 50 day moving average of GBX 22.26 and a two-hundred day moving average of GBX 25.74. The firm has a market cap of £311.42 million, a P/E ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08. 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 Buying and Selling
In other Tullow Oil news, insider Roald Goethe bought 100,000 shares of the stock in a transaction dated 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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