TomCo Energy (LON:TOM) Stock Price Down 21.2% – What’s Next?

TomCo Energy Plc (LON:TOM) traded down 21.2% during mid-day trading on Tuesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 3,559,497 shares were traded during mid-day trading, a decline of 61% from the average session volume of 9,035,396 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Trading Up 3.3%

The stock’s 50 day moving average price is GBX 0.04 and its 200-day moving average price is GBX 0.04. 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 stock has a market capitalization of £2.42 million, a PE ratio of -0.41 and a beta of 0.93.

TomCo Energy Company Profile

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.