Shares of Tullow Oil plc (LON:TLW – Get Free Report) shot up 6.6% during mid-day 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 mid-day 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 Stock Up 6.6 %
The company has a debt-to-equity ratio of 457.18, a current ratio of 0.70 and a quick ratio of 0.63. The company has a fifty day moving average price of GBX 22.33 and a 200 day moving average price of GBX 25.82. The company has a market cap of £311.42 million, a PE ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08.
Insider Transactions at Tullow Oil
In other Tullow Oil news, insider Roald Goethe purchased 100,000 shares of the business’s stock in a transaction on Tuesday, December 24th. The stock was acquired at an average cost of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,094.10). Company insiders own 24.59% of the company’s stock.
Tullow Oil Company Profile
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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