TomCo Energy (LON:TOM) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of TomCo Energy Plc (LON:TOM) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.04 ($0.00) and traded as high as GBX 0.04 ($0.00). TomCo Energy shares last traded at GBX 0.04 ($0.00), with a volume of 7,435,837 shares changing hands.

TomCo Energy Stock Down 10.3 %

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 business’s fifty day moving average price is GBX 0.06 and its 200 day moving average price is GBX 0.04. The company has a market capitalization of £1.38 million, a P/E ratio of -0.76 and a beta of 0.93.

TomCo Energy (LON:TOM) last posted its quarterly earnings results on Tuesday, March 11th. The company reported GBX (0.17) ($0.00) earnings per share (EPS) for the quarter. TomCo Energy had a negative return on equity of 26.78% and a negative net margin of 6,760.87%.

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.