TomCo Energy (LON:TOM) Shares Down 15.9% – Should You Sell?

TomCo Energy Plc (LON:TOMGet Free Report) was down 15.9% during trading on Wednesday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 91,814,758 shares changed hands during mid-day trading, an increase of 382% from the average daily volume of 19,057,242 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Stock Up 3.3 %

The stock has a fifty day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.03. The company has a market cap of £2.42 million, a price-to-earnings ratio of -34.00 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.

TomCo Energy Company Profile

(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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