TomCo Energy (LON:TOM) Trading Up 6% – Here’s Why

Shares of TomCo Energy Plc (LON:TOMGet Free Report) were up 6% during trading on Monday . The company traded as high as GBX 0.06 and last traded at GBX 0.05. Approximately 2,143,927 shares changed hands during trading, a decline of 76% from the average daily volume of 8,808,950 shares. The stock had previously closed at GBX 0.05.

TomCo Energy Trading Up 6.0%

The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The business’s 50 day moving average is GBX 0.05 and its 200 day moving average is GBX 0.04. The stock has a market cap of £2.07 million, a price-to-earnings ratio of -0.35 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.

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