TULLOW OIL PLC/ADR (TUWOY) Upgraded to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of TULLOW OIL PLC/ADR (OTCMKTS:TUWOY) from a sell rating to a hold rating in a report released on Friday morning.

According to Zacks, “Tullow Oil plc operates as an independent oil and gas exploration and production company in Europe. Tullow has a large portfolio of exploration and production assets with a focus on balanced long-term growth. Tullow Oil plc is headquartered in London, the United Kingdom. “

Other equities research analysts have also issued reports about the stock. Jefferies Financial Group upgraded shares of TULLOW OIL PLC/ADR from a hold rating to a buy rating in a report on Monday, October 22nd. Citigroup upgraded shares of TULLOW OIL PLC/ADR from a neutral rating to a buy rating in a report on Thursday, October 4th.

TUWOY stock traded down $0.12 during midday trading on Friday, reaching $1.29. The company’s stock had a trading volume of 36,271 shares, compared to its average volume of 5,827. TULLOW OIL PLC/ADR has a 52 week low of $1.04 and a 52 week high of $1.88. The stock has a market cap of $1.99 billion, a PE ratio of 14.33 and a beta of 1.54. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.38 and a current ratio of 1.49.

TULLOW OIL PLC/ADR Company Profile

Tullow Oil plc engages in the oil and gas exploration, development, and production activities. Its portfolio comprises approximately 90 licenses covering 263,820 square kilometers in 16 countries. The company was founded in 1985 and is headquartered in London, the United Kingdom.

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