Tullow Oil (LON:TLW) Stock Crosses Above Two Hundred Day Moving Average of $33.10

Tullow Oil plc (LON:TLW) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 33.10 ($0.41) and traded as high as GBX 35.88 ($0.44). Tullow Oil shares last traded at GBX 35.10 ($0.43), with a volume of 2,409,786 shares trading hands.

Tullow Oil Stock Up 2.0 %

The stock’s 50 day moving average is GBX 31.28 and its 200 day moving average is GBX 33.10. The company has a market capitalization of £519.10 million, a PE ratio of -585.00, a PEG ratio of -0.19 and a beta of 2.08. The company has a debt-to-equity ratio of 457.18, a quick ratio of 0.63 and a current ratio of 1.04.

Insider Activity

In related news, insider Roald Goethe acquired 50,000 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The shares were acquired at an average price of GBX 28 ($0.35) per share, with a total value of £14,000 ($17,292.49). 22.08% of the stock is owned by company insiders.

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.