TomCo Energy (LON:TOM) Stock Price Down 24.5% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price was down 24.5% during trading on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 152,883,359 shares changed hands during trading, an increase of 783% from the average daily volume of 17,307,820 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Price Performance

The business has a 50-day simple moving average of GBX 0.07 and a two-hundred day simple moving average of GBX 0.04. 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 stock has a market capitalization of £1.57 million, a price-to-earnings ratio of -0.87 and a beta of 0.93.

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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