Tullow Oil (LON:TLW) Stock Price Passes Above 200-Day Moving Average of $33.28

Tullow Oil plc (LON:TLW)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 33.28 ($0.42) and traded as high as GBX 35.58 ($0.45). Tullow Oil shares last traded at GBX 35.10 ($0.44), with a volume of 2,334,051 shares changing hands.

Tullow Oil Stock Up 0.1 %

The company has a quick ratio of 0.63, a current ratio of 1.04 and a debt-to-equity ratio of 457.18. The firm has a market capitalization of £513.04 million, a PE ratio of -585.00, a price-to-earnings-growth ratio of -0.19 and a beta of 2.11. The business’s 50-day moving average price is GBX 32.56 and its 200-day moving average price is GBX 33.28.

Insider Buying and Selling at Tullow Oil

In related news, insider Roald Goethe bought 71,535 shares of the firm’s stock in a transaction on Tuesday, April 16th. The stock was bought at an average price of GBX 37 ($0.46) per share, with a total value of £26,467.95 ($33,251.19). In other news, insider Richard Miller bought 54,000 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were bought at an average cost of GBX 36 ($0.45) per share, with a total value of £19,440 ($24,422.11). Also, insider Roald Goethe purchased 71,535 shares of Tullow Oil stock in a transaction dated Tuesday, April 16th. The shares were purchased at an average price of GBX 37 ($0.46) per share, with a total value of £26,467.95 ($33,251.19). In the last quarter, insiders have purchased 175,535 shares of company stock worth $5,990,795. 23.50% of the stock is currently 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.