TomCo Energy (LON:TOM) Shares Down 2.3% – Here’s Why

TomCo Energy Plc (LON:TOM) was down 2.3% 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 2,572,860 shares changed hands during trading, a decline of 83% from the average daily volume of 15,363,164 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Stock Down 11.6 %

The firm has a market cap of £1.49 million, a P/E ratio of -0.82 and a beta of 0.93. 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’s fifty day moving average is GBX 0.06 and its 200 day moving average is GBX 0.04.

TomCo Energy (LON:TOM) last issued its quarterly earnings data on Tuesday, March 11th. The company reported GBX (0.17) ($0.00) earnings per share (EPS) for the quarter. TomCo Energy had a negative return on equity of 26.78% and a negative net margin of 6,760.87%.

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.