TomCo Energy (LON:TOM) Stock Price Down 18% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report) shares dropped 18% during mid-day trading on Friday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,231,830 shares changed 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 Stock Performance

The company’s fifty day moving average price is GBX 0.04 and its 200-day moving average price is GBX 0.05. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The stock has a market cap of £1.61 million, a price-to-earnings ratio of -0.89 and a beta of 0.93.

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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