Tullow Oil (LON:TLW) Shares Cross Above 200 Day Moving Average of $33.39

Shares of Tullow Oil plc (LON:TLWGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 33.39 ($0.42) and traded as high as GBX 38.38 ($0.48). Tullow Oil shares last traded at GBX 37.86 ($0.48), with a volume of 5,509,020 shares changing hands.

Tullow Oil Trading Up 0.5 %

The company has a debt-to-equity ratio of 457.18, a quick ratio of 0.63 and a current ratio of 1.04. The business’s 50 day moving average price is GBX 33.80 and its 200-day moving average price is GBX 33.45. The company has a market cap of £555.68 million, a price-to-earnings ratio of -634.33, a PEG ratio of -0.19 and a beta of 2.11.

Insider Buying and Selling

In related news, insider Richard Miller bought 54,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was acquired at an average price of GBX 36 ($0.45) per share, for a total transaction of £19,440 ($24,415.98). In other news, insider Richard Miller purchased 54,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 1st. The stock was purchased at an average cost of GBX 36 ($0.45) per share, with a total value of £19,440 ($24,415.98). Also, insider Roald Goethe purchased 50,000 shares of Tullow Oil stock in a transaction on Friday, March 8th. The stock was purchased at an average price of GBX 28 ($0.35) per share, for a total transaction of £14,000 ($17,583.52). Insiders acquired 175,535 shares of company stock valued at $5,990,795 over the last quarter. Corporate insiders own 23.50% 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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