TomCo Energy (LON:TOM) Trading Down 24.5% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report) shares were down 24.5% during trading on Wednesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 154,353,016 shares changed hands during mid-day trading, an increase of 790% from the average daily volume of 17,341,223 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Up 8.9 %

The firm has a market capitalization of £1.93 million, a price-to-earnings ratio of -1.06 and a beta of 0.93. The stock has a fifty day moving average of GBX 0.07 and a two-hundred day moving average of GBX 0.04. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78.

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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