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

TomCo Energy Plc (LON:TOMGet Free Report) was down 24.5% on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 152,883,359 shares were traded during mid-day trading, an increase of 783% from the average daily volume of 17,307,820 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Price Performance

The company’s 50-day moving average price is GBX 0.07 and its 200-day moving average price is GBX 0.04. 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 market cap of £1.69 million, a price-to-earnings ratio of -0.93 and a beta of 0.93.

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.

Further Reading

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