TomCo Energy (LON:TOM) Trading 17.9% Higher – Here’s What Happened

TomCo Energy Plc (LON:TOM)’s stock price traded up 17.9% during mid-day trading on Monday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 47,962,828 shares traded hands during trading, an increase of 237% from the average session volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Stock Up 17.9 %

The stock has a market cap of £2.59 million, a PE ratio of -1.43 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. The business has a 50-day moving average price of GBX 0.07 and a 200-day moving average price of GBX 0.04.

TomCo Energy Company Profile

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.