TomCo Energy (LON:TOM) Shares Down 24.5% – Should You Sell?

TomCo Energy Plc (LON:TOM) shares were down 24.5% on Tuesday . The stock traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). Approximately 152,883,359 shares traded hands during mid-day trading, an increase of 783% from the average daily volume of 17,307,820 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Trading Down 24.5 %

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 50-day simple moving average of GBX 0.07 and a 200 day simple moving average of GBX 0.04. The company has a market capitalization of £1.57 million, a P/E ratio of -0.87 and a beta of 0.93.

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.