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

Shares of TomCo Energy Plc (LON:TOM) fell 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 traded hands 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 Trading Down 15.0 %

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 firm has a market capitalization of £2.65 million, a P/E ratio of -34.00 and a beta of 0.93. The business’s 50-day moving average is GBX 0.06 and its 200 day moving average is GBX 0.04.

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.