TomCo Energy (LON:TOM) Stock Price Down 8.7% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report) shares were down 8.7% during mid-day trading on Monday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,630,400 shares were traded during trading, a decline of 85% from the average daily volume of 10,627,438 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Down 8.7%

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’s 50-day moving average price is GBX 0.05 and its 200 day moving average price is GBX 0.05. The firm 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

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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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