TomCo Energy (LON:TOM) Shares Down 24.5% – Should You Sell?

TomCo Energy Plc (LON:TOM)’s share price was down 24.5% during trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 154,353,016 shares traded hands during trading, an increase of 790% from the average daily volume of 17,341,223 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Performance

The company has a market cap of £1.57 million, a PE ratio of -0.87 and a beta of 0.93. The company has a debt-to-equity ratio of 8.06, a quick ratio of 0.78 and a current ratio of 0.22. The stock’s 50-day simple moving average is GBX 0.07 and its 200 day simple moving average is GBX 0.04.

TomCo Energy Company Profile

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.