TomCo Energy (LON:TOM) Stock Passes Below 200-Day Moving Average – Here’s Why

Shares of TomCo Energy Plc (LON:TOMGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.05 and traded as low as GBX 0.05. TomCo Energy shares last traded at GBX 0.05, with a volume of 400,691 shares.

TomCo Energy Stock Down 16.7%

The company has a market cap of £1.95 million, a PE ratio of -0.33 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. The company’s fifty day moving average is GBX 0.06 and its 200-day moving average is GBX 0.05.

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.

Read More

Receive News & Ratings for TomCo Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TomCo Energy and related companies with MarketBeat.com's FREE daily email newsletter.