TomCo Energy (LON:TOM) Shares Down 15.9% – What’s Next?

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

TomCo Energy Stock Up 3.3 %

The firm has a market cap of £2.42 million, a P/E ratio of -34.00 and a beta of 0.93. The firm has a fifty day moving average of GBX 0.03 and a 200-day moving average of GBX 0.03. 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

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.