TomCo Energy (LON:TOM) Trading Down 15% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report) shares traded down 15% during mid-day trading on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 40,329,891 shares changed hands during trading, an increase of 7% from the average session volume of 37,844,148 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Stock Up 7.4 %

The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The company has a market cap of £2.85 million, a price-to-earnings ratio of -34.00 and a beta of 0.93. The firm’s 50-day moving average price is GBX 0.06 and its 200-day moving average price is GBX 0.04.

TomCo Energy Company Profile

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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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