TomCo Energy (LON:TOM) Stock Price Up 7.1% – Time to Buy?

TomCo Energy Plc (LON:TOM)’s share price traded up 7.1% during mid-day trading on Tuesday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 3,261,666 shares changed hands during trading, a decline of 79% from the average session volume of 15,522,326 shares. The stock had previously closed at GBX 0.03 ($0.00).

TomCo Energy Stock Up 7.1 %

The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22. The firm’s 50 day moving average price is GBX 0.03 and its two-hundred day moving average price is GBX 0.03. The company has a market cap of £1.17 million, a P/E ratio of -34.00 and a beta of 0.93.

TomCo Energy Company Profile

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.