TomCo Energy (LON:TOM) Shares Up 11.1% – What’s Next?

TomCo Energy Plc (LON:TOM)’s share price was up 11.1% on Tuesday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 8,302,409 shares were traded during trading, a decline of 2% from the average daily volume of 8,477,048 shares. The stock had previously closed at GBX 0.05 ($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 firm’s 50-day moving average price is GBX 0.04 and its two-hundred day moving average price is GBX 0.04. The firm has a market capitalization of £2.73 million, a price-to-earnings ratio of -45.75 and a beta of 0.93.

TomCo Energy Company Profile

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.