Tullow Oil (OTCMKTS:TUWLF) Shares Down 15.4% – Here’s Why

Tullow Oil plc (OTCMKTS:TUWLFGet Free Report) was down 15.4% during mid-day trading on Thursday . The stock traded as low as $0.29 and last traded at $0.29. Approximately 1,000 shares were traded during trading, a decline of 27% from the average daily volume of 1,367 shares. The stock had previously closed at $0.34.

Tullow Oil Price Performance

The business’s 50 day moving average is $0.28 and its 200-day moving average is $0.32.

About Tullow Oil

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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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