TomCo Energy (LON:TOM) Hits New 12-Month High – Here’s Why

Shares of TomCo Energy Plc (LON:TOMGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as GBX 0.10 and last traded at GBX 0.08, with a volume of 18380438 shares. The stock had previously closed at GBX 0.09.

TomCo Energy Trading Down 10.0%

The business’s fifty day moving average is GBX 0.06 and its 200-day moving average is GBX 0.05. The stock has a market capitalization of £3.16 million, a PE ratio of -0.53 and a beta of 0.93. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06.

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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