TomCo Energy (LON:TOM) Stock Price Down 18% – Should You Sell?

TomCo Energy Plc (LON:TOM) was down 18% on Friday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,231,830 shares traded hands during trading, a decline of 89% from the average daily volume of 10,910,668 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Price Performance

The stock has a 50 day simple moving average of GBX 0.04 and a two-hundred day simple moving average of GBX 0.05. The company has a market cap of £1.61 million, a price-to-earnings ratio of -0.89 and a beta of 0.93. 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

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.