TomCo Energy (LON:TOM) Shares Down 3.8% – What’s Next?

TomCo Energy Plc (LON:TOMGet Free Report) was down 3.8% during mid-day trading on Friday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 12,253,272 shares traded hands during trading, a decline of 15% from the average daily volume of 14,332,489 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Price Performance

The firm has a market capitalization of £2.16 million, a P/E ratio of -1.19 and a beta of 0.93. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06. The business’s 50 day moving average is GBX 0.07 and its 200-day moving average is GBX 0.04.

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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