TomCo Energy (LON:TOM) Shares Down 12.5% – Time to Sell?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) traded down 12.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 34,544,492 shares changed hands during trading, a decline of 7% from the average session volume of 37,201,328 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Stock Down 12.5 %

The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22. The company has a market cap of £2.73 million, a P/E ratio of -34.00 and a beta of 0.93. The business’s fifty day moving average is GBX 0.06 and its two-hundred day 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.

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