TomCo Energy (LON:TOM) Trading Down 15% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report)’s share price dropped 15% on Tuesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 40,329,891 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 37,844,148 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Trading Up 9.9 %

The company has a 50 day moving average of GBX 0.06 and a two-hundred day moving average of GBX 0.04. The stock has a market capitalization of £3.04 million, a PE ratio of -34.00 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22.

TomCo Energy Company Profile

(Get Free Report)

TomCo Energy Plc engages in the exploration and development of oil primarily in the United Kingdom and the United States. It holds exploration and development licenses comprising nine oil shale leases covering approximately 15,488 acres located in Uintah County, Utah. The company is based in Douglas, the Isle of Man.

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