TomCo Energy (LON:TOM) Shares Down 8.8% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price fell 8.8% during mid-day trading on Tuesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 25,315,990 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 36,175,938 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Price Performance

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

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.

Further Reading

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