TomCo Energy (LON:TOM) Trading Up 12.5% – Here’s What Happened

TomCo Energy Plc (LON:TOMGet Free Report) shares were up 12.5% on Friday . The stock traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 954,153 shares were traded during trading, a decline of 89% from the average daily volume of 8,447,816 shares. The stock had previously closed at GBX 0.04 ($0.00).

TomCo Energy Price Performance

The business has a 50-day simple moving average of GBX 0.04 and a two-hundred day simple moving average of GBX 0.04. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06. The company has a market cap of £1.76 million, a price-to-earnings ratio of -29.41 and a beta of 0.93.

TomCo Energy Company Profile

(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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