TomCo Energy (LON:TOM) Stock Price Down 8.7% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report) shares were down 8.7% on Monday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,630,800 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 10,627,442 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Price Performance

The stock has a 50 day moving average of GBX 0.05 and a two-hundred day moving average of GBX 0.05. The stock has a market cap of £1.65 million, a PE ratio of -0.91 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22.

About TomCo Energy

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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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