TomCo Energy (LON:TOM) Stock Price Down 15% – Here’s Why

Shares of TomCo Energy Plc (LON:TOM – Get Free Report) traded down 15% during trading on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 40,329,891 shares were traded during mid-day trading, an increase of 7% from the average session volume of 37,844,148 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Stock Up 2.6 %

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 business has a 50-day simple moving average of GBX 0.06 and a two-hundred day simple moving average of GBX 0.04. The stock has a market capitalization of £3.12 million, a P/E ratio of -34.00 and a beta of 0.93.

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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