TomCo Energy (LON:TOM) Stock Price Down 24.5% – Should You Sell?

TomCo Energy Plc (LON:TOMGet Free Report)’s share price was down 24.5% during trading on Tuesday . The stock 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 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 Trading Down 24.5 %

The firm has a market cap of £1.57 million, a P/E ratio of -0.87 and a beta of 0.93. The business’s 50 day moving average is GBX 0.07 and its 200-day moving average is GBX 0.04. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06.

About TomCo Energy

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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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