TomCo Energy (LON:TOM) Share Price Passes Above 200 Day Moving Average – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.04 and traded as high as GBX 0.07. TomCo Energy shares last traded at GBX 0.06, with a volume of 4,161,645 shares trading hands.

TomCo Energy Stock Performance

The company has a 50 day moving average of GBX 0.05 and a two-hundred day moving average of GBX 0.04. 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 company has a market capitalization of £1.95 million, a PE ratio of -0.33 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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