TomCo Energy (LON:TOM) Shares Up 11.1% – Should You Buy?

TomCo Energy Plc (LON:TOM)’s stock price traded up 11.1% on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 10,037,370 shares traded hands during trading, a decline of 39% from the average session volume of 16,444,193 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Stock Performance

The firm has a 50 day moving average of GBX 0.03 and a two-hundred day moving average of GBX 0.03. The stock has a market cap of £1.56 million, a P/E ratio of -34.00 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22.

TomCo Energy Company Profile

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.