TomCo Energy (LON:TOM) Stock Price Down 15% – Here’s Why

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

TomCo Energy Stock Up 7.4 %

The company has a market capitalization of £2.85 million, a price-to-earnings ratio of -34.00 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 firm has a 50 day moving average price of GBX 0.06 and a two-hundred day moving average price of GBX 0.04.

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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