TomCo Energy (LON:TOM) Shares Down 12% – Here’s What Happened

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price fell 12% on Wednesday . The stock traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 39,285,789 shares were traded during trading, an increase of 102% from the average session volume of 19,410,314 shares. The stock had previously closed at GBX 0.08 ($0.00).

TomCo Energy Stock Performance

The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06. The firm’s fifty day moving average price is GBX 0.04 and its 200-day moving average price is GBX 0.03. The firm has a market cap of £2.89 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.

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