TomCo Energy (LON:TOM) Stock Price Down 11.4% – What’s Next?

TomCo Energy Plc (LON:TOMGet Free Report) dropped 11.4% during mid-day trading on Wednesday . The company traded as low as GBX 0.06 and last traded at GBX 0.06. Approximately 10,506,257 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 30,380,154 shares. The stock had previously closed at GBX 0.07.

TomCo Energy Stock Performance

The stock’s 50-day simple moving average is GBX 0.06 and its 200-day simple moving average is GBX 0.05. The stock has a market cap of £2.42 million, a price-to-earnings ratio of -0.41 and a beta of 0.93. The company has a current ratio of 0.22, a quick ratio of 0.78 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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