TomCo Energy (LON:TOM) Shares Down 2.3% – Should You Sell?

TomCo Energy Plc (LON:TOM) dropped 2.3% on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 2,572,860 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 15,363,164 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Trading Down 11.6 %

The stock has a market capitalization of £1.49 million, a P/E ratio of -0.82 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. The business has a 50-day moving average price of GBX 0.06 and a two-hundred day moving average price of GBX 0.04.

TomCo Energy (LON:TOM) last posted its quarterly earnings data on Tuesday, March 11th. The company reported GBX (0.17) ($0.00) earnings per share 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.