TomCo Energy (LON:TOM) Trading Down 8.3% – Should You Sell?

TomCo Energy Plc (LON:TOMGet Free Report) was down 8.3% during trading on Thursday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 125 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 15,165,244 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Stock Performance

The firm has a 50-day simple moving average of GBX 0.07 and a two-hundred day simple moving average of GBX 0.04. 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 company has a market capitalization of £2.15 million, a price-to-earnings ratio of -34.00 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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