TomCo Energy (LON:TOM) Stock Price Up 11.1% – Still a Buy?

TomCo Energy Plc (LON:TOM)’s share price rose 11.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 13,236,798 shares were traded during trading, an increase of 56% from the average daily volume of 8,503,576 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Down 6.0%

The stock has a market capitalization of £2.46 million, a PE ratio of -41.18 and a beta of 0.93. The firm has a 50-day moving average price of GBX 0.04 and a 200-day moving average price of GBX 0.04. The company has a current ratio of 0.22, a quick ratio of 0.78 and a debt-to-equity ratio of 8.06.

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.