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

TomCo Energy Plc (LON:TOMGet Free Report) shares were 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). Approximately 4,306,406 shares changed hands during trading, a decline of 49% from the average daily volume of 8,466,035 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Stock Performance

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 company has a market capitalization of £1.76 million, a price-to-earnings ratio of -29.41 and a beta of 0.93. The firm has a fifty day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.04.

TomCo Energy Company Profile

(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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