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

Tullow Oil plc (LON:TLW)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 trading hands.

Tullow Oil Stock Up 0.1 %

The company has a current ratio of 1.04, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18. The company has a market cap of £513.04 million, a price-to-earnings ratio of -585.00, a P/E/G ratio of -0.19 and a beta of 2.11. The stock’s 50-day moving average is GBX 32.56 and its 200-day moving average is GBX 33.28.

Insider Transactions at Tullow Oil

In other news, insider Roald Goethe bought 71,535 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The stock was acquired at an average cost of GBX 37 ($0.46) per share, with a total value of £26,467.95 ($33,251.19). In other Tullow Oil news, insider Richard Miller bought 54,000 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were bought at an average price of GBX 36 ($0.45) per share, for a total transaction of £19,440 ($24,422.11). Also, insider Roald Goethe purchased 71,535 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was acquired at an average cost of GBX 37 ($0.46) per share, for a total transaction of £26,467.95 ($33,251.19). Insiders have purchased 175,535 shares of company stock valued at $5,990,795 in the last 90 days. 23.50% of the stock is currently owned by corporate 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.