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

Tullow Oil plc (LON:TLW - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Tullow Oil Trading Up 0.5 %

The firm has a market cap of £555.68 million, a price-to-earnings ratio of -632.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.11. The company's 50-day moving average price is GBX 33.61 and its 200-day moving average price is GBX 33.43. The company has a quick ratio of 0.63, a current ratio of 1.04 and a debt-to-equity ratio of 457.18.

Insider Buying and Selling at Tullow Oil

In other Tullow Oil news, insider Roald Goethe bought 50,000 shares of the stock in a transaction on Friday, March 8th. The shares were bought at an average price of GBX 28 ($0.35) per share, with a total value of £14,000 ($17,583.52). In other news, insider Richard Miller purchased 54,000 shares of the business's stock in a transaction dated 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). Also, insider Roald Goethe purchased 50,000 shares of Tullow Oil stock in a transaction dated Friday, March 8th. The shares were purchased at an average cost of GBX 28 ($0.35) per share, for a total transaction of £14,000 ($17,583.52). Insiders bought 175,535 shares of company stock valued at $5,990,795 over the last quarter. 23.50% of the stock is currently owned by 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.