Tullow Oil plc (OTCMKTS:TUWOY – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 58,200 shares, a growth of 18.8% from the September 30th total of 49,000 shares. Based on an average trading volume of 73,500 shares, the days-to-cover ratio is presently 0.8 days.
Tullow Oil Price Performance
Shares of TUWOY stock traded down $0.00 on Monday, reaching $0.15. 1,700 shares of the company were exchanged, compared to its average volume of 27,873. Tullow Oil has a one year low of $0.13 and a one year high of $0.25. The company has a 50-day moving average of $0.16 and a 200-day moving average of $0.19.
Wall Street Analysts Forecast Growth
Separately, Barclays raised shares of Tullow Oil to a “strong-buy” rating in a research note on Thursday, August 8th.
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.
Featured Articles
- Five stocks we like better than Tullow Oil
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 3 Oil Stocks to Watch Before Earnings Come Out
- What Investors Need to Know to Beat the Market
- Is American Express Stock’s Sell-the-News Reaction a Buying Opp?
- The Risks of Owning Bonds
- Alphabet’s Earnings Could Surprise—Should You Buy Now?
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.
