TomCo Energy Plc (LON:TOM – Get Free Report) shares dropped 24.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 152,883,359 shares were traded during trading, an increase of 783% from the average daily volume of 17,307,820 shares. The stock had previously closed at GBX 0.05 ($0.00).
TomCo Energy Trading Down 24.5 %
The firm has a market capitalization of £1.57 million, a P/E ratio of -0.87 and a beta of 0.93. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06. The business has a 50-day moving average price of GBX 0.07 and a 200-day moving average price of GBX 0.04.
About TomCo Energy
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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