TomCo Energy (LON:TOM) Shares Up 6% – Here’s What Happened

TomCo Energy Plc (LON:TOMGet Free Report) rose 6% 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 mid-day 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 Price Performance

The business’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. The firm has a market capitalization of £2.07 million, a PE ratio of -0.35 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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