TomCo Energy (LON:TOM) Trading Down 24.5% – Should You Sell?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) traded down 24.5% during trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 154,353,016 shares were traded during mid-day trading, an increase of 790% from the average session volume of 17,341,223 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Down 24.5 %

The business’s 50 day moving average is GBX 0.07 and its 200 day moving average is GBX 0.04. The company has a market capitalization of £1.57 million, a price-to-earnings ratio of -0.87 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22.

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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