TomCo Energy (LON:TOM) Shares Down 24.5% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report)’s share price fell 24.5% on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 154,353,016 shares were traded during trading, an increase of 790% from the average session volume of 17,341,223 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Down 24.5 %

The stock has a market cap of £1.57 million, a PE ratio of -0.87 and a beta of 0.93. The stock has a 50-day moving average price of GBX 0.07 and a two-hundred day moving average price of GBX 0.04. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78.

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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