TomCo Energy (LON:TOM) Shares Down 14.6% – Time to Sell?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) traded down 14.6% during trading on Wednesday . The company traded as low as GBX 0.07 and last traded at GBX 0.07. 977,268 shares traded hands during trading, a decline of 88% from the average session volume of 8,451,122 shares. The stock had previously closed at GBX 0.08.

TomCo Energy Trading Down 14.6%

The company has a market cap of £2.73 million, a P/E ratio of -0.46 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 firm’s 50 day moving average is GBX 0.06 and its two-hundred 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.

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