Tullow Oil (OTCMKTS:TUWOY) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of Tullow Oil PLC (OTCMKTS:TUWOYGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.08 and traded as low as $0.0768. Tullow Oil shares last traded at $0.0778, with a volume of 33,102 shares trading hands.

Tullow Oil Stock Up 5.3%

The stock has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.08.

About Tullow Oil

(Get Free Report)

Tullow Oil plc is an independent oil and gas exploration and production company founded in 1985 and headquartered in London. The company is listed on the London Stock Exchange and its American Depositary Receipts trade over-the-counter in the U.S. under the ticker TUWOY. Since its inception, Tullow has focused on building a portfolio of upstream assets across frontier and emerging markets.

Tullow’s core activities encompass exploration, appraisal, development and production of hydrocarbons.

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