TomCo Energy (LON:TOM) Stock Price Up 17.9% – What’s Next?

TomCo Energy Plc (LON:TOM) shares traded up 17.9% during trading on Monday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 47,956,051 shares traded hands during mid-day trading, an increase of 237% from the average session volume of 14,248,732 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Stock Up 17.9 %

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 has a 50 day simple moving average of GBX 0.07 and a two-hundred day simple moving average of GBX 0.04. The stock has a market cap of £2.59 million, a P/E ratio of -1.43 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.