TomCo Energy (LON:TOM) Trading Down 24.5% – What’s Next?

TomCo Energy Plc (LON:TOM)’s share price fell 24.5% on Wednesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 154,353,016 shares traded hands during trading, an increase of 790% from the average session volume of 17,341,223 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Up 4.4 %

The company has a market capitalization of £1.85 million, a PE ratio of -1.02 and a beta of 0.93. The stock’s fifty day moving average price is GBX 0.07 and its two-hundred day moving average price is GBX 0.04. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06.

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.