TomCo Energy (LON:TOM) Shares Down 6.7% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report) traded down 6.7% on Thursday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 2,700,481 shares were traded during mid-day trading, a decline of 83% from the average session volume of 15,617,668 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Price Performance

The firm has a 50-day moving average of GBX 0.07 and a 200-day moving average of GBX 0.04. The stock has a market cap of £2.15 million, a PE ratio of -34.00 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78.

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.

Further Reading

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