TomCo Energy (LON:TOM) Shares Down 21.2% – Here’s What Happened

TomCo Energy Plc (LON:TOMGet Free Report)’s share price dropped 21.2% during trading on Tuesday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 3,559,497 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 9,035,396 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Trading Up 3.3%

The company has a 50 day moving average price of GBX 0.04 and a 200 day moving average price of GBX 0.04. The firm has a market cap of £2.42 million, a price-to-earnings ratio of -0.41 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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