TomCo Energy (LON:TOM) Trading Down 15% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report)’s share price dropped 15% during trading on Tuesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 40,329,891 shares were traded during mid-day 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 Stock Down 15.0 %

The stock has a market capitalization of £2.65 million, a price-to-earnings 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. The stock has a 50 day moving average price of GBX 0.06 and a 200 day moving average price of 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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