TomCo Energy (LON:TOM) Reaches New 52-Week Low – Here’s Why

TomCo Energy Plc (LON:TOMGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.03 and last traded at GBX 0.03, with a volume of 20092486 shares changing hands. The stock had previously closed at GBX 0.03.

TomCo Energy Stock Performance

The company has a quick ratio of 0.78, a current ratio of 0.30 and a debt-to-equity ratio of -145.87. The company has a 50 day simple moving average of GBX 0.03 and a 200-day simple moving average of GBX 0.05. The stock has a market capitalization of £1.63 million, a price-to-earnings ratio of -1.35 and a beta of 0.38.

TomCo Energy (LON:TOMGet Free Report) last issued its quarterly earnings results on Thursday, April 2nd. The company reported GBX (0.02) earnings per share (EPS) for the quarter. TomCo Energy had a negative net margin of 6,760.87% and a positive return on equity of 523.66%.

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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