TomCo Energy (LON:TOM) Trading 17.9% Higher – What’s Next?

TomCo Energy Plc (LON:TOM) was up 17.9% during trading on Monday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 47,962,828 shares were traded 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 stock has a market cap of £2.59 million, a PE ratio of -1.43 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. The company’s fifty day moving average is GBX 0.07 and its 200 day moving average is GBX 0.04.

About TomCo Energy

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.