Tullow Oil (LON:TLW) Hits New 12-Month Low – What’s Next?

Tullow Oil plc (LON:TLWGet Free Report) hit a new 52-week low on Monday . The company traded as low as GBX 21 ($0.27) and last traded at GBX 21.40 ($0.28), with a volume of 3548079 shares changing hands. The stock had previously closed at GBX 21.74 ($0.28).

Tullow Oil Trading Up 1.0 %

The company has a 50-day moving average price of GBX 23.65 and a 200 day moving average price of GBX 29.37. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 457.18. The stock has a market capitalization of £300.76 million, a P/E ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08.

Insider Activity

In related news, insider Roald Goethe acquired 159,396 shares of Tullow Oil stock in a transaction dated Wednesday, September 11th. The shares were acquired at an average cost of GBX 23 ($0.30) per share, for a total transaction of £36,661.08 ($47,176.79). Company insiders own 24.59% 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.

Further Reading

Receive News & Ratings for Tullow Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullow Oil and related companies with MarketBeat.com's FREE daily email newsletter.