TomCo Energy (LON:TOM) Trading Up 12.5% – What’s Next?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) 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 traded 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 50 day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.04. The company has a debt-to-equity ratio of 8.06, a current ratio of 0.22 and a quick ratio of 0.78. The stock has a market cap of £1.76 million, a P/E ratio of -29.41 and a beta of 0.93.

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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