TomCo Energy (LON:TOM) Stock Price Down 15% – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report) was down 15% during trading on Tuesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 40,329,891 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 37,844,148 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Trading Down 15.0 %

The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22. The company has a 50-day simple moving average of GBX 0.06 and a 200 day simple moving average of GBX 0.04. The company has a market capitalization of £2.65 million, a P/E ratio of -34.00 and a beta of 0.93.

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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