TomCo Energy (LON:TOM) Trading 18.2% Higher – Should You Buy?

TomCo Energy Plc (LON:TOMGet Free Report) shares were up 18.2% during mid-day trading on Tuesday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 3,636,855 shares were traded during trading, a decline of 80% from the average daily volume of 18,599,420 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Price Performance

The firm has a market cap of £2.54 million, a price-to-earnings ratio of -34.00 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 company’s 50-day moving average price is GBX 0.07 and its 200-day moving average price 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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