TomCo Energy (LON:TOM) Shares Down 14.6% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report) dropped 14.6% during 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 changed hands 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 Stock Performance

The business’s fifty day moving average is GBX 0.07 and its two-hundred day moving average is GBX 0.04. The stock has a market capitalization of £1.61 million, a PE ratio of -0.89 and a beta of 0.93. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06.

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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