TomCo Energy (LON:TOM) Shares Down 18% – What’s Next?

TomCo Energy Plc (LON:TOM)’s stock price was down 18% on Saturday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 1,231,830 shares changed hands during trading, a decline of 89% from the average daily volume of 10,910,668 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Performance

The stock has a 50-day moving average of GBX 0.04 and a 200-day moving average of GBX 0.05. The firm has a market cap of £1.61 million, a price-to-earnings ratio of -0.89 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.

About TomCo Energy

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.