Tullow Oil (LON:TLW) Reaches New 52-Week Low – Here’s Why

Tullow Oil plc (LON:TLWGet Free Report) hit a new 52-week low on Friday . The stock traded as low as GBX 19.42 ($0.24) and last traded at GBX 19.64 ($0.25), with a volume of 10376420 shares changing hands. The stock had previously closed at GBX 21 ($0.26).

Tullow Oil Trading Down 6.5 %

The company has a debt-to-equity ratio of 457.18, a quick ratio of 0.63 and a current ratio of 0.70. The company has a market capitalization of £286.74 million, a price-to-earnings ratio of -450.33, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The firm has a fifty day moving average price of GBX 23.03 and a 200-day moving average price of GBX 26.69.

Tullow Oil Company Profile

(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.

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