TomCo Energy (LON:TOM) Stock Price Up 17.9% – Still a Buy?

TomCo Energy Plc (LON:TOMGet Free Report) was up 17.9% during mid-day trading on Tuesday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 47,962,828 shares traded hands during mid-day trading, an increase of 237% from the average daily volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Trading Up 6.2 %

The firm’s 50 day moving average price is GBX 0.07 and its 200-day moving average price is GBX 0.04. The stock has a market cap of £2.71 million, a P/E ratio of -1.49 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78.

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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