TomCo Energy (LON:TOM) Shares Down 7.7% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report)’s share price fell 7.7% during mid-day trading on Wednesday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 13,431,295 shares were traded during mid-day trading, a decline of 4% from the average session volume of 13,997,616 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Stock Performance

The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The firm has a market capitalization of £2.32 million, a PE ratio of -1.28 and a beta of 0.93. The company’s fifty day simple moving average is GBX 0.07 and its 200 day simple 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.

Further Reading

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