TomCo Energy (LON:TOM) Shares Up 9.8% – Here’s What Happened

TomCo Energy Plc (LON:TOMGet Free Report) shot up 9.8% during trading on Friday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 5,187,608 shares were traded during mid-day trading, a decline of 39% from the average session volume of 8,504,250 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Price Performance

The stock has a market cap of £1.44 million, a P/E ratio of -29.41 and a beta of 0.93. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06. The firm has a 50 day moving average price of GBX 0.04 and a 200 day moving average price of GBX 0.04.

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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