TomCo Energy (LON:TOM) Shares Up 24% – Should You Buy?

TomCo Energy Plc (LON:TOMGet Free Report) was up 24% on Monday . The company traded as high as GBX 0.06 and last traded at GBX 0.06. Approximately 772,903 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 8,802,422 shares. The stock had previously closed at GBX 0.05.

TomCo Energy Stock Performance

The firm has a market cap of £2.42 million, a P/E ratio of -0.41 and a beta of 0.93. The stock’s 50 day moving average is GBX 0.05 and its two-hundred day moving average is GBX 0.04. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78.

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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