TomCo Energy (LON:TOM) Trading Down 6.7% – Should You Sell?

Shares of 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 changed hands during 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 Stock Performance

The company’s fifty day moving average is GBX 0.07 and its two-hundred day moving average is GBX 0.04. 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 market cap of £2.40 million, a price-to-earnings ratio of -1.32 and a beta of 0.93.

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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