TomCo Energy (LON:TOM) Shares Down 17.8% – What’s Next?

TomCo Energy Plc (LON:TOM)’s share price fell 17.8% during trading on Monday . The stock traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 113,005 shares traded hands during trading, a decline of 99% from the average session volume of 22,008,793 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Trading Up 7.7 %

The company has a fifty day simple moving average of GBX 0.07 and a two-hundred day simple moving average of GBX 0.04. 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 company has a market capitalization of £2.73 million, a P/E ratio of -34.00 and a beta of 0.93.

About TomCo Energy

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.