Zacks Investment Research Lowers Tullow Oil Plc (UK) (TUWOY) to Sell

Tullow Oil Plc (UK) (NASDAQ:TUWOY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

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. “

Separately, Goldman Sachs Group, Inc. (The) lowered Tullow Oil Plc (UK) from a “neutral” rating to a “sell” rating in a research report on Monday, December 5th.

Tullow Oil Plc (NASDAQ:TUWOY) traded down 3.196% during mid-day trading on Wednesday, reaching $1.878. The company’s stock had a trading volume of 161 shares. The firm has a 50-day moving average of $1.87 and a 200-day moving average of $1.59. Tullow Oil Plc has a 52 week low of $0.78 and a 52 week high of $2.10. The stock’s market capitalization is $3.43 billion.

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5 Day Chart for NASDAQ:TUWOY

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