Shares of TomCo Energy Plc (LON:TOM – Get Free Report) dropped 12.5% on Tuesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 34,544,492 shares traded hands during trading, a decline of 7% from the average daily volume of 37,201,328 shares. The stock had previously closed at GBX 0.08 ($0.00).
TomCo Energy Trading Down 12.5 %
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 business’s 50 day simple moving average is GBX 0.06 and its 200 day simple moving average is GBX 0.04. The company has a market capitalization of £2.73 million, a price-to-earnings ratio of -34.00 and a beta of 0.93.
About TomCo Energy
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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