TomCo Energy (LON:TOM) Shares Up 3.1% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report)’s share price shot up 3.1% on Thursday . The stock traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.07 ($0.00). 20,590,877 shares traded hands during mid-day trading, an increase of 135% from the average session volume of 8,756,065 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Price Performance

The stock’s fifty day simple moving average is GBX 0.04 and its 200-day simple moving average is GBX 0.04. The stock has a market cap of £2.54 million, a P/E ratio of -42.48 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22.

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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