TomCo Energy (LON:TOM) Trading 17.9% Higher – Time to Buy?

TomCo Energy Plc (LON:TOMGet Free Report) traded up 17.9% during mid-day trading on Monday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 47,962,828 shares changed hands during mid-day trading, an increase of 237% from the average session volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Stock Up 17.9 %

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 firm’s fifty day simple moving average is GBX 0.07 and its 200-day simple moving average is GBX 0.04. The company has a market cap of £2.59 million, a PE ratio of -1.43 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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