TomCo Energy (LON:TOM) Trading Down 15% – What’s Next?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) dropped 15% on Tuesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 40,329,891 shares changed hands during trading, an increase of 7% from the average daily volume of 37,844,148 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Trading Down 15.0 %

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. The company has a market cap of £2.65 million, a P/E 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.

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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