TomCo Energy (LON:TOM) Shares Up 15.4% – What’s Next?

TomCo Energy Plc (LON:TOM)’s share price traded up 15.4% on Thursday . The stock traded as high as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). 10,895,748 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 8,704,495 shares. The stock had previously closed at GBX 0.07 ($0.00).

TomCo Energy Trading Up 23.1%

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 market cap of £3.12 million, a P/E ratio of -52.29 and a beta of 0.93. The stock has a 50-day moving average of GBX 0.04 and a two-hundred day moving average of 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.