TomCo Energy (LON:TOM) Trading Up 17.9% – Here’s Why

TomCo Energy Plc (LON:TOM)’s share price was up 17.9% during mid-day trading on Monday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 47,962,828 shares traded hands during trading, an increase of 237% from the average daily volume of 14,248,911 shares. The stock had previously closed at GBX 0.06 ($0.00).

TomCo Energy Trading 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 market cap of £2.59 million, a PE ratio of -1.43 and a beta of 0.93. The stock’s 50 day simple moving average is GBX 0.07 and its 200 day simple moving average is GBX 0.04.

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.