TomCo Energy (LON:TOM) Trading 6% Higher – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price traded up 6% during trading on Monday . The stock traded as high as GBX 0.06 and last traded at GBX 0.05. 2,143,927 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 8,808,950 shares. The stock had previously closed at GBX 0.05.

TomCo Energy Stock Performance

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 company has a 50 day moving average of GBX 0.05 and a 200 day moving average of GBX 0.04. The firm has a market cap of £2.07 million, a price-to-earnings ratio of -0.35 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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