Tullow Oil plc (LON:TLW – Get Free Report) traded up 6.6% on Tuesday . The stock traded as high as GBX 21.46 ($0.27) and last traded at GBX 21.33 ($0.27). 5,220,506 shares were traded during 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 Trading Up 6.6 %
The stock’s fifty day simple moving average is GBX 22.33 and its 200 day simple moving average is GBX 25.82. The firm has a market capitalization of £311.42 million, a PE ratio of -450.33, a PEG ratio of -0.19 and a beta of 2.08. The company has a quick ratio of 0.63, a current ratio of 0.70 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 business’s stock in a transaction that occurred on Tuesday, December 24th. The stock was purchased at an average price of GBX 20 ($0.25) per share, for a total transaction of £20,000 ($25,094.10). 24.59% of the stock is currently owned by insiders.
About Tullow Oil
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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