TomCo Energy (LON:TOM) Shares Up 6.7% – Should You Buy?

Shares of TomCo Energy Plc (LON:TOMGet Free Report) shot up 6.7% on Tuesday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 1,406,897 shares were traded during mid-day trading, a decline of 83% from the average session volume of 8,439,975 shares. The stock had previously closed at GBX 0.05 ($0.00).

TomCo Energy Stock Performance

The company has a 50-day moving average of GBX 0.04 and a 200-day moving average of GBX 0.04. The company has a market cap of £2.73 million, a PE ratio of -45.75 and a beta of 0.93. The company has a quick ratio of 0.78, a current ratio of 0.22 and a debt-to-equity ratio of 8.06.

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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