TomCo Energy (LON:TOM) Shares Up 12.5% – Time to Buy?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) traded up 12.5% during mid-day trading on Friday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 4,722,760 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 8,468,298 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Stock Performance

The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06. The stock has a market capitalization of £1.76 million, a PE ratio of -29.41 and a beta of 0.93. The firm’s fifty day moving average price is GBX 0.04 and its two-hundred day moving average price is 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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