TomCo Energy (LON:TOM) Stock Price Down 8.7% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price dropped 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). Approximately 1,630,800 shares changed hands during trading, a decline of 85% from the average daily volume of 10,627,442 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Down 8.7%

The business’s fifty day simple moving average is GBX 0.05 and its 200 day simple moving average is GBX 0.05. The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06. The stock has a market cap of £1.65 million, a P/E ratio of -0.91 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.

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