TomCo Energy (LON:TOM) Trading 6% Higher – Time to Buy?

TomCo Energy Plc (LON:TOMGet Free Report)’s stock price was up 6% during mid-day trading on Monday . The company traded as high as GBX 0.06 and last traded at GBX 0.05. Approximately 2,140,760 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 8,808,936 shares. The stock had previously closed at GBX 0.05.

TomCo Energy Price Performance

The stock has a market capitalization of £2.07 million, a PE ratio of -0.35 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. The company has a 50-day moving average of GBX 0.05 and a 200 day moving average of GBX 0.04.

About TomCo Energy

(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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