TomCo Energy (LON:TOM) Shares Down 15% – Here’s What Happened

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

TomCo Energy Trading Up 9.9 %

The firm has a market capitalization of £3.04 million, a PE ratio of -34.00 and a beta of 0.93. The business has a fifty day moving average price of GBX 0.06 and a two-hundred day moving average price of GBX 0.04. The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06.

About TomCo Energy

(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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