TomCo Energy (LON:TOM) Stock Price Down 24.5% – What’s Next?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) dropped 24.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 154,353,016 shares were traded 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 company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06. The company has a 50-day moving average price of GBX 0.07 and a 200-day moving average price of GBX 0.04. The company has a market capitalization of £1.57 million, a price-to-earnings ratio of -0.87 and a beta of 0.93.

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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