TomCo Energy (LON:TOM) Trading Down 15% – What’s Next?

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price fell 15% during trading on Wednesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 40,329,891 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 37,844,148 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Price Performance

The stock has a market capitalization of £2.85 million, a P/E ratio of -34.00 and a beta of 0.93. The company’s 50 day simple moving average is GBX 0.06 and its two-hundred day simple moving average is 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.

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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