TomCo Energy (LON:TOM) Shares Down 14.6% – Should You Sell?

TomCo Energy Plc (LON:TOM)’s stock price was down 14.6% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 2,367,868 shares were traded during trading, a decline of 85% from the average daily volume of 15,957,184 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Down 14.6 %

The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22. The firm has a market cap of £1.61 million, a PE ratio of -0.89 and a beta of 0.93. The stock has a 50-day simple moving average of GBX 0.07 and a two-hundred day simple moving average of GBX 0.04.

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.