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

TomCo Energy Plc (LON:TOMGet Free Report) dropped 8.3% during mid-day trading on Thursday . The stock 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 business has a fifty day moving average of GBX 0.07 and a 200-day moving average of GBX 0.04. The company has a market cap of £2.15 million, a PE ratio of -34.00 and a beta of 0.93. The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06.

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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