TomCo Energy (LON:TOM) Trading Down 15% – Should You Sell?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) traded down 15% during trading on Tuesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 40,329,891 shares were traded during mid-day trading, an increase of 7% from the average session volume of 37,844,148 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Price Performance

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 business’s 50-day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.04. The firm has a market cap of £2.65 million, a price-to-earnings ratio of -34.00 and a beta of 0.93.

TomCo Energy Company Profile

(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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