TomCo Energy (LON:TOM) Shares Up 17.9% – Still a Buy?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) rose 17.9% on Monday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 47,962,828 shares changed hands during mid-day trading, an increase of 237% from the average session 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 quick ratio of 0.78 and a current ratio of 0.22. The company has a market cap of £2.59 million, a price-to-earnings ratio of -1.43 and a beta of 0.93. The business has a fifty day moving average price of GBX 0.07 and a 200 day moving average price of GBX 0.04.

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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