TomCo Energy (LON:TOM) Shares Down 8.7% – Should You Sell?

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price traded down 8.7% during trading on Monday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 1,630,800 shares were traded during mid-day trading, a decline of 85% from the average session volume of 10,627,442 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Performance

The stock’s 50-day moving average price is GBX 0.05 and its 200 day moving average price is GBX 0.05. 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 company has a market cap of £1.65 million, a P/E ratio of -0.91 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.

Further Reading

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