TomCo Energy (LON:TOM) Trading Up 17.9% – Time to Buy?

TomCo Energy Plc (LON:TOMGet Free Report) shares shot up 17.9% on Monday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 47,962,828 shares were traded during mid-day trading, an increase of 237% from the average session volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Trading Up 17.9 %

The stock has a market capitalization of £2.59 million, a PE ratio of -1.43 and a beta of 0.93. The stock’s 50 day moving average price is GBX 0.07 and its 200-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.

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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