TomCo Energy (LON:TOM) Stock Price Down 8.7% – Should You Sell?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) dropped 8.7% during mid-day trading on Monday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,630,800 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 10,627,442 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Up 12.5%

The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The stock’s 50 day moving average is GBX 0.05 and its 200-day moving average is GBX 0.05. The company has a market capitalization of £2.12 million, a P/E ratio of -1.17 and a beta of 0.93.

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.

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