TomCo Energy (LON:TOM) Shares Down 16.7% – Time to Sell?

TomCo Energy Plc (LON:TOMGet Free Report) shares were down 16.7% on Thursday . The company traded as low as GBX 0.05 and last traded at GBX 0.05. Approximately 1,039,045 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 8,115,613 shares. The stock had previously closed at GBX 0.06.

TomCo Energy Trading Up 6.7%

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 stock has a market capitalization of £2.50 million, a PE ratio of -0.42 and a beta of 0.93. The business’s 50-day moving average is GBX 0.06 and its two-hundred day moving average is GBX 0.05.

TomCo Energy Company Profile

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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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