TomCo Energy (LON:TOM) Shares Down 20% – Here’s Why

Shares of TomCo Energy Plc (LON:TOMGet Free Report) traded down 20% on Wednesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 11,202,989 shares were traded during trading, a decline of 32% from the average session volume of 16,585,807 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Down 20.0 %

The stock’s fifty day simple moving average is GBX 0.03 and its two-hundred day simple moving average is GBX 0.03. 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 company has a market capitalization of £1.56 million, a price-to-earnings ratio of -34.00 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.

Read More

Receive News & Ratings for TomCo Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TomCo Energy and related companies with MarketBeat.com's FREE daily email newsletter.