TomCo Energy (LON:TOM) Trading Up 18.2% – Here’s Why

Shares of TomCo Energy Plc (LON:TOMGet Free Report) traded up 18.2% on Tuesday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 3,636,855 shares traded hands during trading, a decline of 80% from the average session volume of 18,599,420 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Stock Performance

The firm’s 50-day moving average price is GBX 0.07 and its two-hundred day moving average price is GBX 0.04. 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 stock has a market cap of £2.54 million, a price-to-earnings ratio of -34.00 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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