TomCo Energy (LON:TOM) Stock Price Down 12.5% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price dropped 12.5% on Tuesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 29,784,426 shares changed hands during trading, a decline of 19% from the average daily volume of 36,672,434 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Price Performance

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 50 day moving average of GBX 0.06 and a 200-day moving average of GBX 0.04. The firm has a market capitalization of £3.08 million, a P/E 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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