TomCo Energy (LON:TOM) Stock Price Up 45.8% – Here’s What Happened

TomCo Energy Plc (LON:TOMGet Free Report) rose 45.8% on Thursday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 43,979,406 shares traded hands during mid-day trading, an increase of 406% from the average daily volume of 8,691,279 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Up 1.5%

The business’s 50-day moving average price is GBX 0.04 and its two-hundred day moving average price is GBX 0.04. The company has a market capitalization of £2.58 million, a price-to-earnings ratio of -43.14 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78.

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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