TomCo Energy (LON:TOM) Trading Down 20% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price traded down 20% during trading on Wednesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 11,202,989 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 16,585,807 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Price Performance

The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The business has a fifty day moving average of GBX 0.03 and a 200 day moving average of GBX 0.03. The stock has a market cap of £1.56 million, a PE 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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