TomCo Energy (LON:TOM) Shares Down 14% – Here’s Why

TomCo Energy Plc (LON:TOM) shares fell 14% during mid-day trading on Monday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 10,032,343 shares traded hands during trading, a decline of 17% from the average session volume of 12,018,841 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Down 14.0%

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 stock has a market cap of £1.69 million, a price-to-earnings ratio of -0.93 and a beta of 0.93. The firm has a 50 day simple moving average of GBX 0.04 and a two-hundred day simple moving average of GBX 0.05.

TomCo Energy (LON:TOM) last issued its earnings results on Tuesday, March 11th. The company reported GBX (0.17) ($0.00) earnings per share (EPS) for the quarter. TomCo Energy had a negative return on equity of 26.78% and a negative net margin of 6,760.87%.

About TomCo Energy

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.