TomCo Energy (LON:TOM) Shares Up 17.9% – Should You Buy?

TomCo Energy Plc (LON:TOMGet Free Report) shares were up 17.9% during mid-day trading on Monday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 47,962,828 shares changed hands during mid-day trading, an increase of 237% from the average daily volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Price Performance

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 business’s 50-day moving average price is GBX 0.07 and its two-hundred day moving average price is GBX 0.04. The firm has a market cap of £2.59 million, a price-to-earnings ratio of -1.43 and a beta of 0.93.

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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