TomCo Energy (LON:TOM) Trading 14.3% Higher – Time to Buy?

TomCo Energy Plc (LON:TOMGet Free Report) traded up 14.3% during mid-day trading on Tuesday . The company traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 5,665,959 shares changed hands during trading, a decline of 35% from the average session volume of 8,687,351 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Trading Up 14.3%

The business has a 50 day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.05. 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 stock has a market capitalization of £1.56 million, a P/E ratio of -26.14 and a beta of 0.93.

About TomCo Energy

(Get Free Report)

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.

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