TomCo Energy (LON:TOM) Trading Down 12% – Should You Sell?

TomCo Energy Plc (LON:TOM) shares traded down 12% 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). 39,285,789 shares were traded during trading, an increase of 102% from the average session volume of 19,410,314 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Stock Down 7.1 %

The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06. The stock has a 50 day simple moving average of GBX 0.04 and a 200 day simple moving average of GBX 0.03. The firm has a market capitalization of £2.54 million, a PE ratio of -34.00 and a beta of 0.93.

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.