TomCo Energy (LON:TOM) Stock Price Down 21.2% – What’s Next?

TomCo Energy Plc (LON:TOMGet Free Report) shares dropped 21.2% on Tuesday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 3,559,497 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 9,035,396 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Stock Up 3.3%

The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The firm has a market capitalization of £2.42 million, a P/E ratio of -0.41 and a beta of 0.93. The company’s 50-day simple moving average is GBX 0.04 and its two-hundred day simple moving average is GBX 0.04.

About TomCo Energy

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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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