TomCo Energy (LON:TOM) Trading 17.9% Higher – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report) was up 17.9% during trading on Monday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 47,962,828 shares traded hands during trading, an increase of 237% from the average daily volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Stock Performance

The company has a market cap of £2.59 million, a price-to-earnings ratio of -1.43 and a beta of 0.93. The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06. The stock’s 50 day moving average price is GBX 0.07 and its 200 day moving average price is GBX 0.04.

About TomCo Energy

(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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