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

TomCo Energy Plc (LON:TOMGet Free Report) fell 24.5% during mid-day trading on Tuesday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 152,883,359 shares traded hands during mid-day trading, an increase of 783% from the average session volume of 17,307,820 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Performance

The company has a market capitalization of £1.57 million, a price-to-earnings ratio of -0.87 and a beta of 0.93. The stock has a 50 day simple moving average of GBX 0.07 and a 200 day simple moving average of GBX 0.04. The company has a quick ratio of 0.78, a current ratio of 0.22 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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